Plan Ledger DOL Form 5500 · updated monthly

Issues Management, Inc401(k)

ISSUES MANAGEMENT, INC. 401K PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
1.24%

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

Issues Management, Inc reported $65,925 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $671 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 0.02% to 1.24%. 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 South Dakota (179th of 233), and 9,450th of 11,654 in professional & technical services. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,861,118
Participants with balances961
Active participants509
Employer contributions$341,328
Employee contributions$588,932
Employer contribution per active participant$671
Average account balance$6,099
Benefits paid to participants$394,840
Plan auditUnmodified (clean) audit opinion
AuditorELO PROF., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 961 accts · $341K emplr
2023$4.8M · 733 accts · $319K emplr
2022$4.0M · 576 accts · $2K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,925
Total administrative$65,925
The Issues Management, Inc 401(k) match · 2024
Employer contribution per active participant$671
Median for plans this size$1,313
2024$671 per active participant
2023$727 per active participant
2022$5 per active participant

Issues Management, Inc's 2024 employer contribution ran below 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 · 20243
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$25,175
DEFINITI LLC · Contract administrator$18,143
EMPOWER ADVISORY GROUP, LLC · Investment management$7,366

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$65,925 · 1.24%
2023$79,047 · 1.80%
2022$766 · 0.02%
Same employer
Similar plansProfessional & Technical Services · South Dakota
Primary Surgical, Inc. SD$26.7M · 0.29%
Global Wireless, Inc. SD$11.3M · 0.96%
Carsforsale.com SD$7.3M · 0.85%
Tak Communications, Inc. SD$6.8M · 0.75%
Dt-Trak Consulting, Inc. SD$611K · 2.49%
Priority, Inc. SD$205K · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460398668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.