Plan Ledger DOL Form 5500 · updated monthly

Iteris, Inc.401(k) + ESOP (KSOP)

ITERIS, INC 401(K) AND STOCK OWNERSHIP PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
2.68%

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

Iteris, Inc. reported $2,441,800 in plan administrative expenses for 2024: 2.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,509 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 0.22% to 2.68%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,024th-largest of 9,483 plans among California employers on file, and the 1,946th of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,752,741
Participants with balances731
Active participants503
Employer contributions$2,268,206
Employee contributions$4,781,983
Employer contribution per active participant$4,509
Average account balance$133,725
Benefits paid to participants$7,173,884
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.8M · 731 accts · $2.3M emplr
2023$84.4M · 700 accts · $2.2M emplr
2022$72.5M · 663 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,741
Investment management$72,000
Audit (IQPA)$15,250
Total administrative$2,441,800
The Iteris, Inc. 401(k) match · 2024
Employer contribution per active participant$4,509
Median for plans this size$3,635
2024$4,509 per active participant
2023$4,631 per active participant
2022$4,105 per active participant

Iteris, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$70,741
MORGAN STANLEY GLOBAL BANKING OPERA$72,000
PENSION ASSURANCE LLP · Accounting / audit$15,250
FAEGRE DRINKER$3,866

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$2,441,800 · 2.68%
2023$152,667 · 0.19%
2022$175,146 · 0.22%
Same employer
Similar plansManufacturing · California
Nagra USA, LLC CA$101.9M · 0.07%
Makita USA, Inc. CA$99.1M · 0.02%
Amyris, Inc. CA$98.6M
Ai Industries, Inc. CA$97.0M · 0.00%
Vizio, Inc. CA$96.5M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952588496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.