Plan Ledger DOL Form 5500 · updated monthly

Intelliswift Software Inc401(k)

INTELLISWIFT SOFTWARE 401(K) PLAN · NEWARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Intelliswift Software Inc reported $2,072 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.01% to 0.21%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (8,541st of 9,483), and 11,057th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,493,409
Participants with balances220
Active participants174
Employer contributions$0
Employee contributions$1,154,003
Employer contribution per active participant$0
Average account balance$6,788
Benefits paid to participants$115,896
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.5M · 220 accts
2023$499K · 130 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,296
Investment management$776
Total administrative$2,072
The Intelliswift Software Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Intelliswift Software Inc's 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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.

Administrative cost history2
2024$2,072 · 0.21%
2023$32 · 0.01%
All plans at this employer2
INTELLISWIFT SOFTWARE, INC 401(K) PLAN & TRUST401(k)
INTELLISWIFT SOFTWARE 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 943409003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.