Plan Ledger DOL Form 5500 · updated monthly

The Innocence Project, Inc.401(k)

THE INNOCENCE PROJECT, INC. 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

The Innocence Project, Inc. reported $6,807 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,927 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 0.04% to 0.05%. 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 among the smaller plans on file in New York (3,088th of 5,648), and 6,852nd of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 74 to 109 since 2022.

Plan summary
Net assets, end of year$13,913,398
Participants with balances181
Active participants109
Employer contributions$645,991
Employee contributions$1,006,770
Employer contribution per active participant$5,927
Average account balance$76,870
Benefits paid to participants$914,943
Plan auditUnmodified (clean) audit opinion
AuditorTAIT & BAKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 181 accts · $646K emplr
2023$11.2M · 157 accts · $502K emplr
2022$9.2M · 146 accts · $465K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,480
Investment management$3,127
Total administrative$6,807
The The Innocence Project, Inc. 401(k) match · 2024
Employer contribution per active participant$5,927
Median for plans this size$2,416
2024$5,927 per active participant
2023$6,126 per active participant
2022$6,288 per active participant

The Innocence Project, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
GLOBAL RETIREMENT PARTNERS LLCindirect comp
ASSOCIATED PENSION CONSULTANTS INC. · Other servicesindirect comp
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)indirect 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$6,807 · 0.05%
2023$5,008 · 0.05%
2022$4,115 · 0.04%
Same employer
Similar plansProfessional & Technical Services · New York
Dstillery, Inc. NY$14.1M · 0.06%
Appellate Advocates NY$14.0M · 0.25%
Fractal Analytics, Inc. NY$13.9M · 0.48%
Docuware Corporation NY$13.8M · 0.49%
Simutech Group, Inc. NY$13.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320077563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.