Plan Ledger DOL Form 5500 · updated monthly

International Software Systems, Inc.401(k)

INTERNATIONAL SOFTWARE SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST · GREENBELT, MD · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

International Software Systems, Inc. reported $47,925 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $2,200 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 has held roughly steady near 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,138th of 1,671), and 9,015th of 11,654 in professional & technical services. In 2023, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,096,966
Participants with balances98
Active participants88
Employer contributions$193,569
Employee contributions$569,011
Employer contribution per active participant$2,200
Average account balance$72,418
Benefits paid to participants$958,099
Plan auditUnmodified (clean) audit opinion
AuditorBETKE CPA LLC
Plan history2
Yearassets · accounts · employer contribution
2023$7.1M · 98 accts · $194K emplr
2022$6.3M · 104 accts · $222K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,243
Investment management$21,764
Total administrative$47,925
The International Software Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$2,200
Median for plans this size$1,308
2023$2,200 per active participant
2022$2,335 per active participant

International Software Systems, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Loan processing · Contract administrator$20,871
WELLS FARGO ADVISORS · Investment advisory (plan)$20,538
PRIME BENEFITS, INC. · Contract administrator · Other services$4,471

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

Administrative cost history2
2023$47,925 · 0.72%
2022$46,577 · 0.71%
Similar plansProfessional & Technical Services · Maryland
Bww Law Group, LLC MD$7.4M · 0.58%
Aventri, LLC MD$7.2M · 0.49%
Mindgrub Technologies LLC MD$7.2M · 0.51%
Infinity HR MD$7.1M · 0.67%
Ci Design Inc. MD$7.0M · 0.73%
Oconnell & Lawrence, Inc. MD$6.9M · 0.20%
1 Source Consulting, Inc. MD$6.9M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521915109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.