Plan Ledger DOL Form 5500 · updated monthly

Ivy Technology, LLC401(k)

IVY TECHNOLOGY 401K RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Ivy Technology, LLC reported $83,063 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $11 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 1.06% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Kentucky (456th of 871), and the 1,611th of 3,341 in other services. In 2024, employees put in $243.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,463,548
Participants with balances499
Active participants432
Employer contributions$4,611
Employee contributions$1,124,788
Employer contribution per active participant$11
Average account balance$20,969
Benefits paid to participants$981,424
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 499 accts · $5K emplr
2023$9.2M · 398 accts · $4K emplr
2022$8.3M · 537 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,121
Investment management$22,942
Total administrative$83,063
The Ivy Technology, LLC 401(k) match · 2024
Employer contribution per active participant$11
Median for plans this size$1,313
2024$11 per active participant
2023$13 per active participant

Ivy Technology, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$60,121
LPL FINANCIAL · Recordkeeping · Trustee$22,942
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial

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

Administrative cost history3
2024$83,063 · 0.84%
2023$99,945 · 1.14%
2022$95,307 · 1.06%
Same employer
Similar plansOther Services · Kentucky
S & S Firestone, Inc. KY$17.0M · 0.53%
Airway Group LLC KY$13.8M · 0.30%
Answers in Genesis, Inc. KY$12.4M · 0.64%
Sitex Corporation KY$5.2M · 1.16%
Aegis Sortation LLC KY$4.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832258671 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.