Plan Ledger DOL Form 5500 · updated monthly

On Target Internet Solutions I, LP Topspot Ims401(k)

TOPSPOT IMS 401(K) EMPLOYEE SAVINGS PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

On Target Internet Solutions I, LP Topspot Ims reported $24,088 in plan administrative expenses for 2023: 0.50% of average plan assets, below the peer median. Employer contributions averaged $2,212 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 0.38% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (3,942nd of 5,688), and 1,853rd of 2,199 in information & media. In 2023, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 79 to 96 since 2022.

Plan summary
Net assets, end of year$5,466,631
Participants with balances149
Active participants96
Employer contributions$212,333
Employee contributions$407,971
Employer contribution per active participant$2,212
Average account balance$36,689
Benefits paid to participants$249,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 179 accts · $104K emplr
2023$5.5M · 149 accts · $212K emplr
2022$4.2M · 145 accts · $199K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,730
Investment management$358
Total administrative$24,088
The On Target Internet Solutions I, LP Topspot Ims 401(k) match · 2023
Employer contribution per active participant$2,212
Median for plans this size$1,308
2024$1,146 per active participant
2023$2,212 per active participant
2022$2,524 per active participant

On Target Internet Solutions I, LP Topspot Ims's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PENSIONMARK FINANCIAL GROUP LLC · Investment advisory (plan)$16,001

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$31,433 · 0.58%
2023$24,088 · 0.50%
2022$16,444 · 0.38%
Similar plansInformation & Media · Texas
Jg Media, Inc. TX$6.0M · 0.84%
Trax Holdings, Inc TX$5.7M · 0.28%
Ota Insight, Inc. TX$5.6M · 0.12%
Connectivity Source, LLC TX$5.1M · 2.12%
Monetate, Inc. TX$5.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200844703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.