Plan Ledger DOL Form 5500 · updated monthly

Ivaal Solutions LLC401(k)

IVA'AL SOLUTIONS 401(K) RETIREMENT SAVINGS PLAN · PHOENIX, MD · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Ivaal Solutions LLC reported $7,935 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,197 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.

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 Maryland (1,450th of 1,671), and 10,572nd of 11,654 in professional & technical services. In 2024, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,908,103
Participants with balances210
Active participants157
Employer contributions$187,856
Employee contributions$667,992
Employer contribution per active participant$1,197
Average account balance$13,848
Benefits paid to participants$505,340
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,935
Total administrative$7,935
The Ivaal Solutions LLC 401(k) match · 2024
Employer contribution per active participant$1,197
Median for plans this size$1,313

Ivaal Solutions LLC'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 · 20241
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Custodial (securities)$7,935

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

Administrative cost history1
2024$7,935 · 0.31%
Same employer
Similar plansProfessional & Technical Services · Maryland
Linchpin Solutions, Inc. MD$3.0M · 0.13%
Tiber Capital Group LLC MD$2.7M · 2.19%
Applied Software, Inc. MD$2.6M · 0.51%
Livanta LLC MD$2.6M · 0.88%
Systems Integration, Inc. MD$2.5M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474596398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.