Plan Ledger DOL Form 5500 · updated monthly

IT America401(k)

IT AMERICA 401K PLAN · EDISON, NJ · plan year 2022

Reported admin expense ratio · 2022
0.51%

IT America reported $11,761 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (2,121st of 2,419), and 10,800th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,254,053
Participants with balances99
Active participants179
Employer contributions—
Employee contributions$444,189
Employer contribution per active participant—
Average account balance$22,768
Benefits paid to participants$232,549
Plan auditUnmodified (clean) audit opinion
AuditorBECHER DELLA TORRE GITTO & COMP
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 history1
2022$11,761 · 0.51%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Smart Ims NJ$2.5M · 0.46%
Devon Rex Vets PC NJ$2.4M · 0.42%
Access Healthcare LLC NJ$2.2M · 1.12%
Harrington Construction NJ$2.0M · 0.00%
Siri Info Solutions NJ$1.9M · 0.31%
Aergo Solutions, LLC NJ$1.8M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201428768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.