Innovative Service Technology Management Services, Incorporated 401(k) Review & Grade
Ist Management Services, Inc. Defined Contribution Plan
Atlanta, GAAdministrative, Support & Staffing Services1,094 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$356Employer $ per active participant
$2,329Employee $ saved per active participant
0.77%Direct admin cost, % of plan assets
$17.9MNet plan assets, end of year
$15,994Average balance per account
Score breakdown
- Employer generosity18.6 / 5037th percentile for employer $ per participant
- Low cost2.7 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 11th |
| Employee saving | 56th |
| Peers that auto-enroll | 27% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Innovative Service Technology Management Services, Incorporated put in about $356 per active participant, below the typical peer ($712). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.77% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $389,190 |
| Participant (employee) contributions | $2,546,541 |
| Other contributions (incl. rollovers in) | $236,214 |
| Administrative expenses paid from the plan | $123,320 |
| Contract administrator fees | $87,524 |
| Investment advisory & management fees | $31,071 |
| Benefits paid out | $1,282,918 |
| Net assets, start / end of year | $14.1M / $17.9M |
| Active participants, start / end of year | 1,115 / 1,072 |
| Participants with account balances | 1,119 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Tomkiewicz Wright, LLC |
Largest service providers (Schedule C)
| John Hancock Retirement Plan Srvcs | $87,665 reported compensation |
| Persium Advisor | $30,930 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013095018NAL0000962769001, received 2025-10-13, EIN 58-2303739, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.