Plan Ledger DOL Form 5500 · updated monthly

Insurance Institute for Highway Safety403(b)

INSURANCE INSTITUTE FOR HIGHWAY SAFETY RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Insurance Institute for Highway Safety reported $24,586 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,084 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 367th-largest of 2,266 plans among Virginia employers on file, and the 282nd of 3,341 in other services. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$72,158,383
Participants with balances168
Active participants116
Employer contributions$1,401,780
Employee contributions$1,186,552
Employer contribution per active participant$12,084
Average account balance$429,514
Benefits paid to participants$5,808,079
Plan auditUnmodified (clean) audit opinion
AuditorCOUNCILOR BUCHANAN & MITCHELL, PC
Plan history3
Yearassets · accounts · employer contribution
2024$72.2M · 168 accts · $1.4M emplr
2023$65.9M · 173 accts · $1.3M emplr
2022$55.5M · 155 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,586
Total administrative$24,586
Employer contributions to the Insurance Institute for Highway Safety plan · 2024
Employer contribution per active participant$12,084
Median for plans this size$3,635
2024$12,084 per active participant
2023$11,316 per active participant
2022$10,934 per active participant

Insurance Institute for Highway Safety'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,981
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$24,586 · 0.04%
2023$104,542 · 0.17%
2022$17,810 · 0.03%
Same employer
Similar plansOther Services · Virginia
Volume Integration, LLC VA$78.0M · 0.01%
March of Dimes Inc. VA$76.1M · 0.20%
Episcopal High School VA$71.6M · 0.18%
Metron, Inc. VA$67.7M · 0.13%
The Conservation Fund VA$66.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530246204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.