Plan Ledger DOL Form 5500 · updated monthly

Iodine Software LLC401(k)

IODINE SOFTWARE LLC 401K PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Iodine Software LLC reported $110,682 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,387 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 0.75% to 0.64%. 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 2,048th-largest of 5,688 plans among Texas employers on file, and the 5,622nd of 11,654 in professional & technical services. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 170 to 241 since 2022.

Plan summary
Net assets, end of year$19,620,187
Participants with balances309
Active participants241
Employer contributions$1,298,261
Employee contributions$3,257,035
Employer contribution per active participant$5,387
Average account balance$63,496
Benefits paid to participants$2,192,357
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 309 accts · $1.3M emplr
2023$14.9M · 265 accts · $866K emplr
2022$8.9M · 199 accts · $699K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,614
Investment management$2,468
Total administrative$110,682
The Iodine Software LLC 401(k) match · 2024
Employer contribution per active participant$5,387
Median for plans this size$2,416
2024$5,387 per active participant
2023$3,833 per active participant
2022$4,112 per active participant

Iodine Software LLC'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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$108,366
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$2,316
GALLAGHER BENEFIT SERVICES INCindirect comp

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$110,682 · 0.64%
2023$75,638 · 0.64%
2022$54,579 · 0.75%
Same employer
Similar plansProfessional & Technical Services · Texas
Authentix, Inc. TX$19.8M · 0.34%
Ziegler Cooper, Inc. TX$19.7M · 0.00%
Jera Americas Inc. TX$19.6M · 0.12%
Alert Media, Inc. TX$19.6M · 0.37%
Arnold & Itkin, LLP TX$19.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273224566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.