Plan Ledger DOL Form 5500 · updated monthly

International Fund for Animal Welfare, Inc.401(k)

IFAW 401(K) PLAN · YARMOUTH PORT, MA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

International Fund for Animal Welfare, Inc. reported $65,870 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $6,250 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 0.09% to 0.18%. 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 843rd-largest of 2,726 plans among Massachusetts employers on file, and the 565th of 3,341 in other services. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,582,601
Participants with balances243
Active participants135
Employer contributions$843,692
Employee contributions$1,405,350
Employer contribution per active participant$6,250
Average account balance$158,776
Benefits paid to participants$2,917,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 243 accts · $844K emplr
2023$34.7M · 252 accts · $857K emplr
2022$29.1M · 242 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$699
Investment management$65,171
Total administrative$65,870
The International Fund for Animal Welfare, Inc. 401(k) match · 2024
Employer contribution per active participant$6,250
Median for plans this size$2,416
2024$6,250 per active participant
2023$5,751 per active participant
2022$2,776 per active participant

International Fund for Animal Welfare, Inc.'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 · 20243
MORGAN STANLEY · Investment advisory (plan)$50,232
EMPOWER ADVISORY GROUP, LLC · Investment management$14,939

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$65,870 · 0.18%
2023$56,660 · 0.18%
2022$27,800 · 0.09%
Same employer
Similar plansOther Services · Massachusetts
Henley Enterprises, Inc. MA$53.8M · 0.41%
Aura Sub, LLC MA$48.7M · 0.29%
Boston Foundation, Inc. MA$34.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311594197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.