Plan Ledger DOL Form 5500 · updated monthly

Institute for Justice401(k)

INSTITUTE FOR JUSTICE 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Institute for Justice reported $48,644 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $15,249 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 0.04% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 416th-largest of 2,266 plans among Virginia employers on file, and the 2,278th of 11,654 in professional & technical services. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves; active participation has grown from 149 to 168 since 2022.

Plan summary
Net assets, end of year$62,401,575
Participants with balances231
Active participants168
Employer contributions$2,561,805
Employee contributions$1,995,067
Employer contribution per active participant$15,249
Average account balance$270,137
Benefits paid to participants$4,658,694
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.4M · 231 accts · $2.6M emplr
2023$54.9M · 220 accts · $2.3M emplr
2022$43.7M · 206 accts · $2.1M emplr
The Institute for Justice 401(k) match · 2024
Employer contribution per active participant$15,249
Median for plans this size$3,635
2024$15,249 per active participant
2023$15,089 per active participant
2022$14,287 per active participant

Institute for Justice's 2024 employer contribution ran above the $3,635 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$49,044

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,644 · 0.08%
2023$45,207 · 0.09%
2022$16,391 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Virginia
W R Systems, LTD. VA$64.0M · 0.03%
Cbeyondata, LLC VA$63.7M · 0.16%
Infovista Corporation VA$62.4M · 0.43%
Willowtree, LLC VA$61.8M · 0.10%
Stg International, Inc. VA$61.7M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521744337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.