Plan Ledger DOL Form 5500 · updated monthly

Insurance Risk Services, Inc.401(k)

INSURANCE RISK SERVICES, INC. 401(K) PROFIT SHARING PLAN · LAKE MARY, FL · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Insurance Risk Services, Inc. reported $2,710 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $685 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,018th of 3,644), and 10,749th of 11,654 in professional & technical services. In 2022, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,394,912
Participants with balances88
Active participants217
Employer contributions$148,566
Employee contributions$294,773
Employer contribution per active participant$685
Average account balance$27,215
Benefits paid to participants$54,915
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,710
Total administrative$2,710
The Insurance Risk Services, Inc. 401(k) match · 2022
Employer contribution per active participant$685
Median for plans this size$1,114

Insurance Risk Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,710 · 0.11%
Similar plansProfessional & Technical Services · Florida
Sucro Can Sourcing LLC FL$2.5M · 1.42%
American Vision Group LLC FL$2.4M · 0.26%
Cemi International, Inc. FL$2.3M · 0.09%
Larjar Inc D/B/A Procare FL$2.3M · 0.41%
Great Lakes Carpet & Tile FL$2.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592793347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.