Plan Ledger DOL Form 5500 · updated monthly

Insightsoftware, LLC401(k)

INSIGHTSOFTWARE 401(K) PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Insightsoftware, LLC reported $132,877 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,836 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 fell from 0.57% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 301st-largest of 2,005 plans among North Carolina employers on file, and the 414th of 2,199 in information & media. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has grown from 686 to 780 since 2022.

Plan summary
Net assets, end of year$67,109,235
Participants with balances1,017
Active participants780
Employer contributions$2,212,382
Employee contributions$6,214,442
Employer contribution per active participant$2,836
Average account balance$65,987
Benefits paid to participants$11,652,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.1M · 1,017 accts · $2.2M emplr
2023$59.7M · 1,318 accts · $2.3M emplr
2022$52.8M · 1,068 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,946
Investment management$62,500
Audit (IQPA)$15,500
Total administrative$132,877
The Insightsoftware, LLC 401(k) match · 2024
Employer contribution per active participant$2,836
Median for plans this size$3,635
2024$2,836 per active participant
2023$3,234 per active participant
2022$3,270 per active participant

Insightsoftware, LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20244
MML INVESTOR SERVICES LLC · Investment advisory (plan)$62,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,761
PENTEGRA SERVICES, INC. · Consulting$23,931
SIKICH CPA LLC · Accounting / audit$15,500

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

Administrative cost history3
2024$132,877 · 0.21%
2023$254,403 · 0.45%
2022$248,646 · 0.57%
Same employer
Similar plansInformation & Media · North Carolina
Bandwidth Inc. NC$107.9M · 0.13%
Jaggaer, LLC NC$84.5M · 0.15%
Oup USA NC$75.9M · 0.10%
Syntax Systems USA LP NC$63.3M · 0.50%
Nwn Corporation NC$44.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561944603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.