Employers › People Incorporated (formerly IAC Inc.)
Recordkeeping fees per participant · IAC Inc. Retirement Savings Plan · plan year 2024
$28.88
Higher than 40% of the 790 plans over $1B that report it.
= $398,488 / 13,800
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015091536NAL0002070195002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015091536NAL0002070195002, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B 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 2025-10-15.
Administrative expenses excluding investment management, per participant
$37.97
Higher than 36% of the 1,045 plans over $1B that report it.
= $524,051 / 13,800
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015091536NAL0002070195002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015091536NAL0002070195002, received 2025-10-15
Administrative expenses per participant
$55.36
Higher than 36% of the 1,076 plans over $1B that report it.
= $763,927 / 13,800
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015091536NAL0002070195002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015091536NAL0002070195002, received 2025-10-15
Administrative expenses as a share of assets
0.049%
Higher than 52% of the 1,076 plans over $1B that report it.
= $763,927 / $1,573,531,415
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015091536NAL0002070195002, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015091536NAL0002070195002, received 2025-10-15
Employer contributions per participant
$2,438
Higher than 26% of the 1,135 plans over $1B that report it.
= $33,646,162 / 13,800
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015091536NAL0002070195002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015091536NAL0002070195002, received 2025-10-15
Employer share of total contributions
26.3%
Higher than 27% of the 1,135 plans over $1B that report it.
= $33,646,162 / $127,743,639
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015091536NAL0002070195002, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015091536NAL0002070195002, received 2025-10-15
Plan terms are described in People Incorporated (formerly IAC Inc.)'s SEC filings: Form 11-K filed 2026-06-22 and Form 10-K filed 2026-02-20. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015091536NAL0002070195002, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | IAC INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Plan name | IAC INC. RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Sponsor EIN / plan number | 84-3727412 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Industry (business code) | 519100, Information | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Participants, beginning of year | 16,356 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Active participants | 7,788 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Participants, end of year | 15,146 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Participants with an account balance | 13,800 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Total assets, beginning of year | $1,374,434,864 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Total assets, end of year | $1,573,531,415 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Net assets, end of year | $1,573,531,415 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Total income | $325,062,682 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Net income | $183,128,033 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Employer contributions | $33,646,162 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Participant contributions | $75,484,534 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Other contributions (incl. rollovers) | $18,612,943 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Total contributions | $127,743,639 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Benefit payments | $141,105,410 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $141,934,649 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Total administrative expenses | $763,927 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Contract administrator fees | $121,762 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Recordkeeping fees | $398,488 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Investment advisory and management fees | $239,876 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Administrative expenses excluding investment management | $524,051 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Held in common/collective trusts | $1,027,151,256 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Held in mutual funds | $503,824,838 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015091536NAL0002070195002, received 2025-10-15 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015091536NAL0002070195002, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015091536NAL0002070195002, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $463,139 | no |
| CAPITAL STRATEGIES INVESTMENT | NONE | 28 Investment management; 50 Direct payment from the plan | $175,000 | no |
| ERNST & YOUNG US LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $65,000 | no |
| SCHULTE ROTH AND ZABEL LLP | NONE | 29 Legal; 50 Direct payment from the plan | $60,563 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 62 Float revenue; 71 Securities brokerage commissions and fees; 59 Shareholder servicing fees | $1,879 | yes |
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 20251015091536NAL0002070195002, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,374,434,864 | $1,573,531,415 | 14.5% |
| Participants with a balance | 14,787 | 13,800 | -6.7% |
| Administrative expenses | $843,830 | $763,927 | -9.5% |
| Recordkeeping fees per participant | $30.69 | $28.88 | -5.9% |
| Employer contributions | $35,705,430 | $33,646,162 | -5.8% |
Prior filing 20240625132556NAL0004645107002, received 2024-06-25; the plan years are contiguous.
Sponsor name as filed: IAC INC.; SEC registrant: People Inc (CIK 1800227, matched by EIN; display name from the Form 11-K cover).