Ipsoft Incorporated401(k)
IPSOFT INCORPORATED 401(K) PLAN · NEW YORK, NY · plan year 2021
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Ipsoft Incorporated reported $69,240 in plan administrative expenses for 2021: 0.10% of average plan assets, below the peer median. Employer contributions averaged $6,737 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 4 years on file its reported administrative ratio fell from 0.12% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 32 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,029th-largest of 5,648 plans among New York employers on file, and the 1,979th of 11,654 in professional & technical services. In 2021, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 356 to 294 since 2020.
Ipsoft Incorporated's 2021 employer contribution ran above the $2,545 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 844092295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.