Plan Ledger DOL Form 5500 · updated monthly

Iss Action, Inc.401(k)

ISS ACTION, INC. 401(K) PLAN · PUNTA GORDA, FL · plan year 2022

Reported admin expense ratio · 2022
1.14%

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

Iss Action, Inc. reported $128,940 in plan administrative expenses for 2022: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $20,206 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 1.14% to 1.77%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,597th-largest of 3,644 plans among Florida employers on file, and the 907th of 2,534 in administrative & support services. In 2022, the employer put in $11.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,902,558
Participants with balances1,223
Active participants180
Employer contributions$3,637,116
Employee contributions$325,044
Employer contribution per active participant$20,206
Average account balance$9,732
Benefits paid to participants$1,511,312
Plan auditUnmodified (clean) audit opinion
AuditorROSENBLATT, LEVITTAN, VULPIS, GOETZ
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 548 accts · $1.9M emplr
2023$11.4M · 728 accts · $2.2M emplr
2022$11.9M · 1,223 accts · $3.6M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$128,940
Total administrative$128,940
The Iss Action, Inc. 401(k) match · 2022
Employer contribution per active participant$20,206
Median for plans this size$2,266
2024$22,025 per active participant
2023$20,515 per active participant
2022$20,206 per active participant

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

Administrative cost history3
2024$188,527 · 1.77%
2023$147,474 · 1.27%
2022$128,940 · 1.14%
Same employer
Similar plansAdministrative & Support Services · Florida
Key HR, LLC FL$12.4M · 1.43%
Vested HR II, LLC FL$12.3M · 0.61%
Medusind Inc. FL$11.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113075292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.