Plan Ledger DOL Form 5500 · updated monthly

Intersection Parent, Inc.401(k)

INTERSECTION PARENT, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Intersection Parent, Inc. reported $150,856 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,748 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 0.34% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,510th-largest of 5,648 plans among New York employers on file, and the 3,082nd of 11,654 in professional & technical services. In 2024, employees put in $4.58 for every $1.00 the employer contributed; active participation has shrunk from 455 to 358 since 2022.

Plan summary
Net assets, end of year$43,609,359
Participants with balances548
Active participants358
Employer contributions$625,764
Employee contributions$2,867,699
Employer contribution per active participant$1,748
Average account balance$79,579
Benefits paid to participants$5,196,189
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.6M · 548 accts · $626K emplr
2023$39.3M · 551 accts · $673K emplr
2022$31.4M · 592 accts · $768K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,170
Investment management$70,686
Total administrative$150,856
The Intersection Parent, Inc. 401(k) match · 2024
Employer contribution per active participant$1,748
Median for plans this size$2,416
2024$1,748 per active participant
2023$1,895 per active participant
2022$1,688 per active participant

Intersection Parent, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK RETIREMENT SRVCS · Recordkeeping · Loan processing$80,170
MORGAN STANLEY, THE WILSHINSKY GRP · Investment advisory (plan)$70,686

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$150,856 · 0.36%
2023$125,977 · 0.36%
2022$122,297 · 0.34%
Same employer
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Hedgeserv Corporation NY$44.1M · 0.05%
Kaufman Dolowich,Llp NY$44.1M · 0.22%
Psl Group America NY$43.6M · 0.19%
Genesis Corp. NY$43.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474445703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.