Plan Ledger DOL Form 5500 · updated monthly

Ips Group, Inc.401(k)

IPS GROUP, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
1.27%

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

Ips Group, Inc. reported $44,865 in plan administrative expenses for 2024: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,614 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 0.86% to 1.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (7,353rd of 9,483), and 1,962nd of 2,199 in information & media. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has shrunk from 197 to 174 since 2022.

Plan summary
Net assets, end of year$4,076,961
Participants with balances108
Active participants174
Employer contributions$280,892
Employee contributions$829,390
Employer contribution per active participant$1,614
Average account balance$37,750
Benefits paid to participants$542,258
Plan auditUnmodified (clean) audit opinion
AuditorPKF, SAN DIEGO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 108 accts · $281K emplr
2023$3.0M · 97 accts · $278K emplr
2022$1.8M · 80 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,771
Investment management$7,094
Total administrative$44,865
The Ips Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,614
Median for plans this size$1,313
2024$1,614 per active participant
2023$1,434 per active participant
2022$1,153 per active participant

Ips Group, Inc.'s 2024 employer contribution ran above the $1,313 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
EMPOWER ADVISORY GROUP, LLC · Investment management$7,094

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$44,865 · 1.27%
2023$19,279 · 0.82%
2022$13,032 · 0.86%
Same employer
Similar plansInformation & Media · California
Eaze Technologies, Inc. CA$4.3M · 0.11%
Honk Technologies, Inc. CA$4.1M · 0.10%
Care Zone, Inc. CA$3.9M · 0.14%
Evenup Inc. CA$3.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233028164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.