Retirement plan

THE INSTITUTE FOR APPLIED NETWORK SECURITY 401(K) PLAN

Name: THE INSTITUTE FOR APPLIED NETWORK SECURITY - THE INSTITUTE FOR APPLIED NETWORK SECURITY 401(K) PLAN (2024) Form 5500
Creator: THE INSTITUTE FOR APPLIED NETWORK SECURITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE INSTITUTE FOR APPLIED NETWORK SECURITY 401(K) PLAN, THE INSTITUTE FOR APPLIED NETWORK SECURITY

THE INSTITUTE FOR APPLIED NETWORK SECURITYEIN 04-3526838Plan #001PY 2024

TWO CENTER PLAZA, SUITE 500 - BOSTON, MA 02108617-948-5731

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$14.6M

+36.9% from 2023

Total participants

254

+21.5% from 2023

Average account balance

$76,686

+17.5% from 2023

Annual return

23.98%

-4.65 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$14.57M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$77K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

190

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

68.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+23.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$19

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3 years Service code 37 · EIN 04-2647786	Loan Processing	$3,655

Plan features & details

Pension benefit codes2G2J2T2F3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$18 / participant

Recordkeeping$4K100.0%

% of EOY assets

0.025%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KATZ, NANNIS AND SOLOMON P.C.
Auditor EIN: 042887211
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,686

$101,591-24.5%

$147,096-47.9%

$74,429+3.0%

Participation rate

68.0%

75.5%-7.5pp

82.2%-14.2pp

67.2%+0.8pp

Annual return

23.98%

8746.45%-8722.5pp

419.75%-395.8pp

1368.38%-1344.4pp

Employer contribution / active EE

$3,219

$3,813-15.6%

$4,936-34.8%

$2,625+22.6%

Participant deferral / active EE

$9,330

$7,302+27.8%

$8,071+15.6%

$4,348+114.6%

Admin fee / account holder

$19

$1,750-98.9%

$13,005-99.9%

$1,944-99.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Service code 37 · EIN 04-2647786

Loan Processing

$3,655

THE INSTITUTE FOR APPLIED NETWORK SECURITY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE INSTITUTE FOR APPLIED NETWORK SECURITY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion