Retirement plan

ITA GROUP HOLDINGS, INC. EMPLOYEES' STOCK OWNERSHIP PLAN

Name: ITA GROUP HOLDINGS, INC. - ITA GROUP HOLDINGS, INC. EMPLOYEES' STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: ITA GROUP HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ITA GROUP HOLDINGS, INC. EMPLOYEES' STOCK OWNERSHIP PLAN, ITA GROUP HOLDINGS, INC.

ITA GROUP HOLDINGS, INC.EIN 82-2560400Plan #002PY 2023

4600 WESTOWN PARKWAY, REGENCY WEST SIX - WEST DES MOINES, IA 502666770515-326-3400LinkedIn11-50 employees

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$382.9M

-11.5% from 2018

Total participants

775

-16.4% from 2018

Average account balance

$496,032

+5.3% from 2018

Annual return

18.00%

+3.65 pp from 2018

Benchmarks

See 3,230 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,230 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$427.79M

Not enough data

1 years with asset history on file

Average account balance

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

$461K

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.

927

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+10.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$264

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 5 by compensation

Provider	Service type	Compensation
GREATBANC TRUST COMPANY6 years Service code 21 · EIN 36-3681493	Bank Trustee	$115,887
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$48,423
THE BVA GROUP6 years Filed as: BVA GROUP Service code 34 · EIN 06-1762342	Valuation (appraisals, etc.); Consult...	$34,425
RSM US LLP1 year Service code 10 · EIN 42-0714325	Accounting	$19,325
NYEMASTER GOOD P.C.1 year Filed as: NYEMASTER GOODE, PC Service code 16 · EIN 42-1154516	Consulting	$11,252

Plan features & details

Pension benefit codes2C2I2P2Q3H3I

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$227K

$304 / participant

Investment mgmt$116K51.1%
Contract admin$46K20.2%
Other / not subdivided$65K28.7%

% of EOY assets

0.059%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RSM US LLP
Auditor EIN: 420171325
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$496,032

$95,438+419.7%

$135,998+264.7%

$74,478+566.0%

Participation rate

99.6%

78.2%+21.4pp

81.9%+17.7pp

70.7%+28.9pp

Annual return

18.00%

32.61%-14.6pp

68.37%-50.4pp

34.37%-16.4pp

Employer contribution / active EE

$8,503

$3,878+119.3%

$4,860+75.0%

$2,637+222.5%

Participant deferral / active EE

$7,790-100.0%

$7,761-100.0%

$4,530-100.0%

Admin fee / account holder

$294

$259+13.5%

$10,769-97.3%

$347-15.4%

Provider

Service type

Compensation

GREATBANC TRUST COMPANY6 years

Service code 21 · EIN 36-3681493

Bank Trustee

$115,887

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$48,423

THE BVA GROUP6 years

Filed as: BVA GROUP

Service code 34 · EIN 06-1762342

Valuation (appraisals, etc.); Consult...

$34,425

RSM US LLP1 year

Service code 10 · EIN 42-0714325

Accounting

$19,325

NYEMASTER GOOD P.C.1 year

Filed as: NYEMASTER GOODE, PC

Service code 16 · EIN 42-1154516

Consulting

$11,252

ITA GROUP HOLDINGS, INC. EMPLOYEES' STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ITA GROUP HOLDINGS, INC. EMPLOYEES' STOCK OWNERSHIP 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