What are the fees in the Inspro, Inc Profit-sharing plan plan?

For plan year 2022, Inspro, Inc reported $102,468 in plan administrative expenses, or 1.38% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Inspro, Inc 401(k)?

The average participant account balance was $62,055 for plan year 2022, based on 135 accounts.

Inspro, IncProfit-sharing plan

Name: Inspro, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

INSPRO, INC. PROFIT SHARING PLAN AND TRUST · FREMONT, NE · plan year 2022

Reported admin expense ratio · 2022

1.38%

Inspro, Inc reported $102,468 in plan administrative expenses for 2022: 1.38% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Nebraska (397th of 565), and 4,137th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$8,377,447
Participants with balances135
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$62,055
Benefits paid to participants$5,531,421
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ & COMPANY, P.C.

Plan history2

Yearassets · accounts · employer contribution

2023$0

2022$8.4M · 135 accts

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$22,359

Professional / advisory$36,910

Total administrative$102,468

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2

2023Not separately reported

2022$102,468 · 1.38%

Similar plansFinance & Insurance · Nebraska
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Source: U.S. Department of Labor, Form 5500 series, EIN 470532710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.