Iowa › Professional, scientific and technical services › 500 to 999 participants
Form 5500 statement · plan year 1 Sep 2024 to 31 Aug 2025
Ita Group Holdings, Inc. Employees' Stock Ownership Plan
Sponsored by Ita Group Holdings, Inc., West Des Moines, IA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Ita Group Holdings, Inc. of West Des Moines, Iowa sponsors Ita Group Holdings, Inc. Employees' Stock Ownership Plan, an employee stock ownership plan. Its Form 5500 for the plan year ending 31 Aug 2025 shows 936 participants (885 active) and $399M in net assets.
Net assets came to $426,055 per participant, well above the $46,267 median for defined contribution plans with 500 to 999 participants and well above the $73,951 median for defined contribution plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $8.7M during the year, or $9,870 per active participant against a same-size median of $1,934; participants contributed —. Benefits paid out totalled $15.5M.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $232K: $248 per participant, well above the same-size median of $113. Administrative expenses charged to the plan were $232K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $134M in 2016 to $399M in 2024 (up 198%), and participants from 547 to 936 (up 71%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $426,055 | $46,267 | $73,951 | $53,102 |
| Employer contributions per active participant | $9,870 | $1,934 | $3,219 | $2,175 |
| Schedule C compensation per participant | $248 | $113 | $148 | $123 |
| Schedule C compensation, share of net assets | 0.06% | 0.25% | 0.22% | 0.26% |
| Administrative expenses per participant | $248 | $109 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 936 | $399M | $426,056 | $8.7M | — | $232K |
| 2023 | 934 | $339M | $362,953 | $7.9M | — | $245K |
| 2022 | 775 | $293M | $378,146 | $6.3M | — | $229K |
| 2021 | 663 | $246M | $371,591 | $5.1M | — | $192K |
| 2020 | 654 | $203M | $311,109 | $4.6M | — | $193K |
| 2019 | 664 | $178M | $267,509 | $4.7M | $0 | $207K |
| 2018 | 653 | $186M | $284,198 | $4.4M | $0 | $235K |
| 2017 | 654 | $158M | $242,344 | $3.6M | $0 | $201K |
| 2016 | 547 | $134M | $244,411 | $2.7M | $0 | $32K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$338,998,012
- Employer contributions$8,735,000
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$8,735,000
- Total income, including investment results$78,170,307
- Benefits paid$15,488,183
- Administrative expenses$232,357
- Total expenses$18,380,445
- Net income$59,789,862
- Net transfers$0
- Net assets, end of year$398,787,874
Participants
- Active participants885
- Retired or separated, receiving benefits2
- Retired or separated, entitled to future benefits49
- Participants with account balances934
- Total participants, end of year936
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Greatbanc | Trustee (bank, trust company, or similar financial institution) | $115,296 | $0 |
| Principal | Recordkeeping and information management | $50,981 | $0 |
| Bva | Valuation (appraisals, etc.) | $34,484 | $0 |
| RSM | Accounting (including auditing) | $23,525 | $0 |
| Nyemaster | Legal | $8,071 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Trustee and custodial fees$115,296
- Recordkeeping fees$50,981
- Valuation and appraisal fees$34,484
- IQPA audit fees$23,525
- Legal fees$8,071
- Total administrative expenses$232,357
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Employer securities$495M · 99.4%
- Registered investment companies (mutual funds)$2.7M · 0.5%
- Receivables$442K · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmRSM US LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $2,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2CMoney purchase (other than target benefit) plan2IStock bonus2PLeveraged ESOP2QThe employer maintaining this ESOP is an S corporation3HPlan sponsor(s) is (are) a member(s) of a controlled group3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541990: All Other Professional, Scientific, & Technical Services.
Similar plans in Iowa
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Amvc 401(k) Profit Sharing Plan | Amvc Employee Services, LLC | 940 | $27.9M | $29,669 |
| Green Companies, Inc. 401(k) Plan | Green Companies, Inc. & Subsidiaries | 912 | $116M | $126,951 |
| Retiremint PEP | The Finway Group, LLC | 954 | $12.7M | $13,307 |
| Beams, LLC 401(k) Plan | Beams, LLC | 834 | $27.7M | $33,164 |
| Telligen, Inc. 401(k) Retirement Plan | Telligen, Inc. | 1,014 | $97.9M | $96,499 |
| Its Inc. 401(k) Retirement Plan & Trust | Its Inc. | 787 | $107M | $136,425 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Ita Group Holdings, Inc. Employees' Stock Ownership Plan?
936 participants at the end of the plan year ending 31 Aug 2025, of whom 885 were active employees, with net assets of $398,787,874. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Ita Group Holdings, Inc. contribute per participant?
The filing reports $8,735,000 in employer contributions for the year, which is $9,870 per active participant; the median for plans of the same type and size was $1,934 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $232,357 in compensation to service provider organisations, $248 per participant or 0.06% of net assets. The same-size median among plans reporting any Schedule C compensation was $113 per participant. Administrative expenses on Schedule H were $232,357. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Ita Group Holdings, Inc.. Recordkeeping or administration: Principal. Trustee or custodian: Greatbanc. The financial statements were audited by RSM US LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Sep 2024 to 31 Aug 2025, received by the Department of Labor on 15 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 82-2560400, plan 002, received 15 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.