Plan Ledger DOL Form 5500 · updated monthly

World Joint Corp. D/B/A Iace Travel401(k)

IACE TRAVEL 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

World Joint Corp. D/B/A Iace Travel reported $455 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $436 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,383rd of 5,648), and 2,252nd of 2,534 in administrative & support services. In 2022, employees put in $7.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$783,068
Participants with balances57
Active participants98
Employer contributions$42,742
Employee contributions$303,287
Employer contribution per active participant$436
Average account balance$13,738
Benefits paid to participants$49,585
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$455
Total administrative$455
The World Joint Corp. D/B/A Iace Travel 401(k) match · 2022
Employer contribution per active participant$436
Median for plans this size$331

World Joint Corp. D/B/A Iace Travel's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$455 · 0.07%
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Source: U.S. Department of Labor, Form 5500 series, EIN 132704296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.