Plan Ledger DOL Form 5500 · updated monthly

Iventure Solutions, Inc.401(k)

IVENTURE SOLUTIONS, INC. 401K P/S PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Iventure Solutions, Inc. reported $63,272 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,413 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 fell from 0.86% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,618th-largest of 3,644 plans among Florida employers on file, and 7,485th of 11,654 in professional & technical services. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,663,991
Participants with balances164
Active participants177
Employer contributions$427,021
Employee contributions$834,139
Employer contribution per active participant$2,413
Average account balance$71,122
Benefits paid to participants$301,481
Plan auditUnmodified (clean) audit opinion
AuditorPIVOT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 164 accts · $427K emplr
2023$9.1M · 154 accts · $458K emplr
2022$6.6M · 149 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,883
Investment management$34,389
Total administrative$63,272
The Iventure Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$2,413
Median for plans this size$2,416
2024$2,413 per active participant
2023$2,604 per active participant
2022$2,211 per active participant

Iventure Solutions, Inc.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,529
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$21,443
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,946

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$63,272 · 0.61%
2023$60,095 · 0.76%
2022$58,476 · 0.86%
Same employer
Similar plansProfessional & Technical Services · Florida
Bliss & Nyitray, Inc. FL$11.9M · 0.12%
Intecrowd LLC FL$11.7M · 0.12%
Ninjaone, LLC FL$11.6M · 0.46%
Uphealth, Inc. FL$11.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593673725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.