Plan Ledger DOL Form 5500 · updated monthly

International Foundation for Electoral Systems401(k)

IFES 401K PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

International Foundation for Electoral Systems reported $1,760 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,940 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 fell from 0.007% to 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 722nd-largest of 2,266 plans among Virginia employers on file, and the 708th of 3,341 in other services. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 191 to 165 since 2022.

Plan summary
Net assets, end of year$30,722,153
Participants with balances334
Active participants165
Employer contributions$1,145,148
Employee contributions$1,568,854
Employer contribution per active participant$6,940
Average account balance$91,982
Benefits paid to participants$1,759,286
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 334 accts · $1.1M emplr
2023$26.3M · 333 accts · $1.1M emplr
2022$21.5M · 332 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,760
Total administrative$1,760
The International Foundation for Electoral Systems 401(k) match · 2024
Employer contribution per active participant$6,940
Median for plans this size$2,416
2024$6,940 per active participant
2023$6,789 per active participant
2022$5,852 per active participant

International Foundation for Electoral Systems's 2024 employer contribution ran above the $2,416 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,285

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$1,760 · 0.01%
2023$1,416 · 0.01%
2022$1,506 · 0.01%
Same employer
Similar plansOther Services · Virginia
Metron Aviation, Inc. VA$32.9M · 0.20%
Pyramid Systems, Inc. VA$29.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521527835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.