What are the fees in the International Communications Associates, Inc. 401(k) plan?

For plan year 2022, International Communications Associates, Inc. reported $24,113 in plan administrative expenses, or 0.87% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the International Communications Associates, Inc. 401(k)?

The average participant account balance was $25,717 for plan year 2022, based on 90 accounts.

International Communications Associates, Inc.401(k)

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

ICA LANGUAGE SERVICES 401(K) RETIREMENT PLAN · ARLINGTON, VA · plan year 2022

Reported admin expense ratio · 2022

0.87%

International Communications Associates, Inc. reported $24,113 in plan administrative expenses for 2022: 0.87% of average plan assets, higher than ~75% 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 educational services employers. By assets it is among the smaller plans on file in Virginia (2,058th of 2,266), and 2,815th of 3,091 in educational services.

Plan summary
Net assets, end of year$2,314,574
Participants with balances90
Active participants143
Employer contributions—
Employee contributions$181,360
Employer contribution per active participant—
Average account balance$25,717
Benefits paid to participants$575,828
Plan auditUnmodified (clean) audit opinion
AuditorDEMBO JONES, P.C.

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$22,795

Total administrative$24,113

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 history1

2022$24,113 · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331019021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.