Plan Snapshot
- Plan Sponsor: Iac INC.
- Sponsor EIN: 843727412
- Sponsor Address: 555 WEST 18TH ST, NEW YORK, NY, 10011
- Plan Type: 401(k)
- Total Participants: 7,788
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,788 | $1.6B | $33.6M | $75.5M |
| 2023 | 8,787 | $1.4B | $35.7M | $75.8M |
| 2022 | 7,264 | $1.2B | $25.3M | $53.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $763,927 | $239,876 | $121,762 | — | — |
| 2023 | $843,830 | $214,642 | $175,309 | — | — |
| 2022 | $785,151 | $60,000 | — | — | $172,627 |