Plan Ledger DOL Form 5500 · updated monthly

The Institute for Applied Network Security401(k)

THE INSTITUTE FOR APPLIED NETWORK SECURITY 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Institute for Applied Network Security reported $3,655 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,219 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 0.04% to 0.03%. 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 Massachusetts (1,563rd of 2,726), and 6,680th of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed; active participation has grown from 139 to 200 since 2022.

Plan summary
Net assets, end of year$14,570,339
Participants with balances190
Active participants200
Employer contributions$643,818
Employee contributions$1,865,975
Employer contribution per active participant$3,219
Average account balance$76,686
Benefits paid to participants$1,131,000
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, NANNIS AND SOLOMON P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 190 accts · $644K emplr
2023$10.6M · 163 accts · $244K emplr
2022$7.1M · 114 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,655
Total administrative$3,655
The The Institute for Applied Network Security 401(k) match · 2024
Employer contribution per active participant$3,219
Median for plans this size$2,416
2024$3,219 per active participant
2023$1,535 per active participant
2022$1,024 per active participant

The Institute for Applied Network Security's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,655

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$3,655 · 0.03%
2023$4,043 · 0.05%
2022$3,105 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Allen & Gerritsen, Inc. MA$15.2M · 0.35%
Insight Service Group Inc MA$14.9M · 2.64%
Immuta, Inc. MA$14.5M · 0.49%
Evertrue, Inc. MA$14.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043526838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.