Department of Labor filing

ICAPITAL NETWORK, INC

ICAPITAL NETWORK, INC 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 10, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

60filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$5,415

Reported employer contributions per active participant.

Higher than about 76% of comparable plans

#People in the filing

1,268

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$179 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 23% of comparable plans

↗Investment performance

Not available

Plan assets changed 55.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202460out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions76th percentileTypical peer $3,106 · based on 1,380 comparable plans

Lower reported administrative expense23rd percentileTypical peer $113 · based on 1,398 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ICAPITAL NETWORK, INC reported $6,866,230 in employer contributions across the plan and 1,268 active participants. That works out to $5,415 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy84%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 39.9%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 5.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context60/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $6,866,230
Participant contributions: $13,513,730
Other contributions: $6,212,468
Employer share of reported contributions: 33.7%
Beginning assets: $55,030,801
Ending assets: $85,401,887
Ending net assets: $85,401,887
Ending liabilities: $0
Total income: $36,691,958
Total expenses: $6,320,872
Administrative expenses: $189,528
Participant loans: $544,832

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,872

2023

$6,603

2024

$5,415

Plan-paid administrative expenses per participant

2022

$169

2023

$64

2024

$179

Active participants

2022

795

2023

865

2024

1,268

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$5,415	1,268	85.4M	20251010112045NAL0004179523001
2023	$6,603	865	55M	20241015154030NAL0030203473001
2022	$3,872	795	30.3M	20231016165558NAL0039110705001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.6%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 462479130-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Aug 1, 2016
Industry: Professional, scientific, and technical services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2J2K2F2G2T3D

Current plan terms

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Filing ACK_ID20251010112045NAL0004179523001

Data sourceDOL Form 5500 bulk data ↗

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