Employers › Iteris
Recordkeeping fees per participant · Iteris, Inc 401(k) and Stock Ownership Plan · plan year 2024
$96.77
Higher than 71% of the 5,847 plans $50 to 250M that report it.
= $70,741 / 731
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250813150920NAL0025751810001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813150920NAL0025751810001, received 2025-08-13
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-13.
Administrative expenses excluding investment management, per participant
$3,241.86
Higher than 100% of the 8,758 plans $50 to 250M that report it.
= $2,369,800 / 731
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250813150920NAL0025751810001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813150920NAL0025751810001, received 2025-08-13
Administrative expenses per participant
$3,340.36
Higher than 100% of the 9,042 plans $50 to 250M that report it.
= $2,441,800 / 731
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250813150920NAL0025751810001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813150920NAL0025751810001, received 2025-08-13
Administrative expenses as a share of assets
2.498%
Higher than 100% of the 9,049 plans $50 to 250M that report it.
= $2,441,800 / $97,752,741
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250813150920NAL0025751810001, received 2025-08-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250813150920NAL0025751810001, received 2025-08-13
Employer contributions per participant
$3,103
Higher than 56% of the 9,105 plans $50 to 250M that report it.
= $2,268,206 / 731
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250813150920NAL0025751810001, received 2025-08-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813150920NAL0025751810001, received 2025-08-13
Employer share of total contributions
27.3%
Higher than 42% of the 9,112 plans $50 to 250M that report it.
= $2,268,206 / $8,304,841
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250813150920NAL0025751810001, received 2025-08-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250813150920NAL0025751810001, received 2025-08-13
Employer match
“We match up to 50% of contributions, up to a stated limit, with all matching contributions being fully vested after one month of service.”
Form 10-K filed 2024-06-13, for the year ended 2024-03-31 · benefits note, 10-K benefits note · source document
Vesting
“We match up to 50% of contributions, up to a stated limit, with all matching contributions being fully vested after one month of service.”
Form 10-K filed 2024-06-13, for the year ended 2024-03-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2024-03-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250813150920NAL0025751810001, received 2025-08-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ITERIS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Plan name | ITERIS, INC 401(K) AND STOCK OWNERSHIP PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Sponsor EIN / plan number | 95-2588496 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Sponsor location | SANTA ANA, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Industry (business code) | 335310, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Filing received | 2025-08-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Participants, beginning of year | 724 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Active participants | 503 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Participants, end of year | 749 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Participants with an account balance | 731 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Total assets, beginning of year | $84,422,042 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Total assets, end of year | $97,752,741 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Net assets, end of year | $97,752,741 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Total income | $22,946,383 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Net income | $13,330,699 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Employer contributions | $2,268,206 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Participant contributions | $4,781,983 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Other contributions (incl. rollovers) | $1,254,652 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Total contributions | $8,304,841 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Benefit payments | $7,173,884 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Total expenses (incl. benefit payments) | $9,615,684 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Total administrative expenses | $2,441,800 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Recordkeeping fees | $70,741 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| IQPA audit fees | $15,250 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Investment advisory and management fees | $72,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Administrative expenses excluding investment management | $2,369,800 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Held in common/collective trusts | $44,238,366 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Held in mutual funds | $52,155,946 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250813150920NAL0025751810001, received 2025-08-13 |
| Independent auditor | PENSION ASSURANCE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250813150920NAL0025751810001, received 2025-08-13 |
Position = column in the DOL layout for form year 2024. Filing 20250813150920NAL0025751810001, received 2025-08-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL BANKING OPERA | CONSULTANT | 70 Consulting fees | $72,000 | no |
| MERRILL LYNCH, PIERCE, FENNER AND Srecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 63 Distribution (12b-1) fees; 71 Securities brokerage commissions and fees; 72 Other investment fees and expenses | $70,741 | yes |
| PENSION ASSURANCE LLP | ACCOUNTANT | 10 Accounting (including auditing) | $15,250 | no |
| FAEGRE DRINKER | OTHER | 70 Consulting fees | $3,866 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250813150920NAL0025751810001, received 2025-08-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $84,422,042 | $97,752,741 | 15.8% |
| Participants with a balance | 700 | 731 | 4.4% |
| Administrative expenses | $152,667 | $2,441,800 | 1499.4% |
| Recordkeeping fees per participant | $81.67 | $96.77 | 18.5% |
| Employer contributions | $2,190,359 | $2,268,206 | 3.6% |
Prior filing 20240725111602NAL0008170451001, received 2024-07-25; the plan years are contiguous.
Sponsor name as filed: ITERIS, INC.; SEC registrant: ITERIS, INC. (CIK 350868, matched by EIN; display name from the Form 10-K cover).