Plan Ledger DOL Form 5500 · updated monthly

Ivci, LLC401(k)

IVCI, LLC 401(K) PROFIT SHARING PLAN & TRUST · HAUPPAUGE, NY · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Ivci, LLC reported $43,273 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $857 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 0.29% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,246th of 5,648), and 7,203rd of 11,654 in professional & technical services. In 2023, employees put in $7.71 for every $1.00 the employer contributed; active participation has shrunk from 109 to 89 since 2022.

Plan summary
Net assets, end of year$12,624,983
Participants with balances125
Active participants89
Employer contributions$76,306
Employee contributions$588,494
Employer contribution per active participant$857
Average account balance$101,000
Benefits paid to participants$813,241
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 107 accts · $98K emplr
2023$12.6M · 125 accts · $76K emplr
2022$10.9M · 130 accts · $106K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$43,273
Total administrative$43,273
The Ivci, LLC 401(k) match · 2023
Employer contribution per active participant$857
Median for plans this size$2,440
2024$1,374 per active participant
2023$857 per active participant
2022$970 per active participant

Ivci, LLC's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
AMERIPRISE FINANCIAL SERVICES, INCindirect comp
ASCENSUS · Other servicesindirect 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$50,444 · 0.40%
2023$43,273 · 0.37%
2022$33,980 · 0.29%
Same employer
Similar plansProfessional & Technical Services · New York
Bernier Carr and Associates NY$12.7M · 0.51%
Bjg Electronics, Inc. NY$12.7M · 0.45%
Sintec Media, Inc. NY$12.7M · 0.02%
Vector Media NY$12.4M · 0.37%
Roth & Company LLP NY$12.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200399584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.