Plan Ledger DOL Form 5500 · updated monthly

Inspira Marketing Group LLC401(k)

INSPIRA MARKETING GROUP, LLC 401K PROFIT SHARING PLAN · NORWALK, CT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Inspira Marketing Group LLC reported $23,312 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,073 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 0.22% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (670th of 1,106), and 6,924th of 11,654 in professional & technical services. In 2024, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,629,006
Participants with balances302
Active participants254
Employer contributions$526,522
Employee contributions$1,666,991
Employer contribution per active participant$2,073
Average account balance$45,129
Benefits paid to participants$1,381,517
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 302 accts · $527K emplr
2023$10.9M · 315 accts · $496K emplr
2022$7.6M · 278 accts · $462K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,165
Investment management$19,147
Total administrative$23,312
The Inspira Marketing Group LLC 401(k) match · 2024
Employer contribution per active participant$2,073
Median for plans this size$2,416
2024$2,073 per active participant
2023$1,845 per active participant
2022$1,878 per active participant

Inspira Marketing Group LLC's 2024 employer contribution ran below the $2,416 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 · 20243
ALLIANT INSURANCE AGENCY INC · Recordkeeping · Trustee$19,146
ADP, INC. · Loan processing · Recordkeeping$4,165
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, ALLIANT INSURANCE AGENCY INC
2023ADP, ALLIANT INSURANCE AGENCY INC

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Administrative cost history3
2024$23,312 · 0.19%
2023$19,578 · 0.21%
2022$16,994 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Adm Promotions USA, Inc. CT$15.2M · 0.60%
City Line Distributors, LLC CT$13.9M · 0.06%
Emprise Corporation CT$13.7M · 0.57%
Quantum-Si Incorporated CT$13.1M · 0.58%
Cogstate, Inc. CT$11.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261243153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.