Plan Ledger DOL Form 5500 · updated monthly

Insightec Inc401(k)

INSIGHTEC INC 401(K) PROFIT SHARING PLAN & TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.59%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Insightec Inc reported $70,257 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,240 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.50% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,742nd-largest of 5,688 plans among Texas employers on file, and 7,919th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 172 to 141 since 2022.

Plan summary
Net assets, end of year$12,340,655
Participants with balances174
Active participants141
Employer contributions$738,865
Employee contributions$1,547,671
Employer contribution per active participant$5,240
Average account balance$70,923
Benefits paid to participants$2,930,527
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 174 accts · $739K emplr
2023$11.7M · 196 accts · $837K emplr
2022$9.0M · 202 accts · $757K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,672
Investment management$32,934
Audit (IQPA)$3,691
Trustee / custodial$960
Total administrative$70,257
The Insightec Inc 401(k) match · 2024
Employer contribution per active participant$5,240
Median for plans this size$2,416
2024$5,240 per active participant
2023$5,364 per active participant
2022$4,402 per active participant

Insightec Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PAYCHEX, INC. · Recordkeeping$25,627
MERRILL LYNCH, PIERCE, FENNER · Investment advisory (plan)$32,934
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$7,105

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Paychex
2023Bank of America / Merrill, ERISA FIDUCIARY SERVICES, INC., Paychex

This plan has changed recordkeepers within these filings. If you left Insightec Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,257 · 0.59%
2023$57,712 · 0.56%
2022$44,718 · 0.50%
Same employer
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Gr Energy Services Mgt LP TX$12.6M · 0.51%
Barcel USA, LLC TX$12.6M · 0.56%
Red Dot Corporation TX$12.5M · 0.26%
Metalforms, LTD TX$12.3M · 0.02%
Allied Power Group, LLC TX$12.3M · 0.41%
Ikg USA, LLC TX$12.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391948614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.