Plan Ledger DOL Form 5500 · updated monthly

Its Inc401(k)

ITS INC 401(K) RETIREMENT PLAN & TRUST · JOHNSTON, IA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Its Inc reported $228,559 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $2,801 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 0.21% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 89th-largest of 878 plans among Iowa employers on file, and the 1,414th of 11,654 in professional & technical services. In 2024, employees put in $3.52 for every $1.00 the employer contributed; active participation has grown from 585 to 662 since 2022.

Plan summary
Net assets, end of year$107,366,858
Participants with balances782
Active participants662
Employer contributions$1,854,310
Employee contributions$6,536,136
Employer contribution per active participant$2,801
Average account balance$137,298
Benefits paid to participants$6,979,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.4M · 782 accts · $1.9M emplr
2023$93.5M · 740 accts · $1.7M emplr
2022$77.0M · 702 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Investment management$223,917
Trustee / custodial$4,642
Total administrative$228,559
The Its Inc 401(k) match · 2024
Employer contribution per active participant$2,801
Median for plans this size$3,635
2024$2,801 per active participant
2023$2,762 per active participant
2022$2,412 per active participant

Its Inc's 2024 employer contribution ran below 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 · 20243
SECURITY NATIONAL BANK · Trustee · Investment management$223,917
CHARLES SCHWAB TRUST COMPANY · Investment management · Custodial (securities)$4,642
CHARLES SCHWAB & CO INC · Investment management · Custodial (securities)indirect comp

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$228,559 · 0.23%
2023$188,900 · 0.22%
2022$177,692 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Iowa
Telligen, Inc. IA$131.6M
Ita Group, Inc IA$124.2M · 0.27%
Shive-Hattery Group, Inc. IA$107.9M · 0.17%
Dentons Davis Brown PC IA$77.0M · 0.12%
Honkamp Krueger & Co., P.C. IA$66.3M · 0.21%
Brown Winick Law Firm IA$62.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421171146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.