Plan Snapshot
- Plan Sponsor: Insightsoftware, LLC
- Sponsor EIN: 561944603
- Sponsor Address: 8529 SIX FORKS ROAD SUITE 400, RALEIGH, NC, 27615
- Plan Type: 401(k)
- Total Participants: 780
- Total Assets: $67.1M
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 | 780 | $67.1M | $2.2M | $6.2M |
| 2023 | 700 | $59.7M | $2.3M | $6.7M |
| 2022 | 686 | $52.8M | $2.2M | $6.1M |
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 |
|---|---|---|---|---|
| MML INVESTOR SERVICES LLC | ADVISOR | $62,500 | — | $62,500 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $31,761 | — | $31,761 |
| PENTEGRA SERVICES, INC. | CONSULTANT | $23,931 | — | $23,931 |
| SIKICH CPA LLC | ACCOUNTANT/AUDITOR | $15,500 | — | $15,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SIKICH CPA LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,692
- Estimated Expense Ratio: 0.199% of plan assets
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 | $132,877 | $62,500 | — | $15,500 | — |
| 2023 | $254,403 | — | — | — | — |
| 2022 | $248,646 | $154,869 | $93,777 | — | — |