Plan Ledger DOL Form 5500 · updated monthly

Ipro Tech, LLC401(k)

IPRO TECH, LLC 401(K) PROFIT SHARING PLAN AND TRUST · TEMPE, AZ · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Ipro Tech, LLC reported $32,745 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,503 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other other services employers. By assets it is the 467th-largest of 1,285 plans among Arizona employers on file, and the 1,369th of 3,341 in other services. In 2022, employees put in $3.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,722,849
Participants with balances263
Active participants184
Employer contributions$460,530
Employee contributions$1,508,343
Employer contribution per active participant$2,503
Average account balance$52,178
Benefits paid to participants$1,072,778
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $16K emplr
2022$13.7M · 263 accts · $461K emplr
The Ipro Tech, LLC 401(k) match · 2022
Employer contribution per active participant$2,503
Median for plans this size$2,266

Ipro Tech, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$32,745 · 0.23%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 463977653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.