Plan Ledger DOL Form 5500 · updated monthly

Iqtalent Partners, Inc.401(k)

IQTALENT PARTNERS, INC. 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Iqtalent Partners, Inc. reported $44,995 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,739 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 1.39% to 1.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (1,181st of 1,496), and 10,284th of 11,654 in professional & technical services. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has shrunk from 156 to 53 since 2022.

Plan summary
Net assets, end of year$3,701,929
Participants with balances134
Active participants53
Employer contributions$145,176
Employee contributions$368,848
Employer contribution per active participant$2,739
Average account balance$27,626
Benefits paid to participants$476,853
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 134 accts · $145K emplr
2023$3.2M · 173 accts · $253K emplr
2022$3.0M · 251 accts · $513K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,942
Investment management$19,692
Trustee / custodial$1,875
Total administrative$44,995
The Iqtalent Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$2,739
Median for plans this size$1,313
2024$2,739 per active participant
2023$3,423 per active participant
2022$3,291 per active participant

Iqtalent Partners, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$22,942
STATHEROS FINANCIAL SOLUTIONS, INC. · Investment advisory (plan)$19,692

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$44,995 · 1.30%
2023$49,325 · 1.58%
2022$34,305 · 1.39%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Bohan Agency, Inc TN$4.0M · 0.20%
Tele-Optics, Inc. TN$4.0M · 0.75%
Freeland Chevrolet, LLC TN$3.5M · 0.77%
Womble, LLC TN$3.5M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832992471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.