Icf Consulting Group, Inc. 401(k) Review & Grade
Icf Retirement Savings Plan
Reston, VAProfessional, Scientific & Technical Services6,348 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,294Employer $ per active participant
$11,132Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$1.4BNet plan assets, end of year
$137,255Average balance per account
Score breakdown
- Employer generosity34.8 / 5070th percentile for employer $ per participant
- Low cost17.1 / 2568th percentile for low admin cost vs. same-size plans
- Employee saving9.5 / 1563th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 68th |
| Employee saving | 63th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,620 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $9,917 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Icf Consulting Group put in about $4,294 per active participant, more than the typical peer ($2,951). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $27,259,632 |
| Participant (employee) contributions | $70,674,296 |
| Other contributions (incl. rollovers in) | $13,363,177 |
| Administrative expenses paid from the plan | $906,156 |
| Other admin expenses | $906,156 |
| Benefits paid out | $113,703,799 |
| Net assets, start / end of year | $1.2B / $1.4B |
| Active participants, start / end of year | 6,225 / 6,472 |
| Participants with account balances | 10,065 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $483,313 reported compensation |
| Vanguard Advisers Inc. | $434,403 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014153055NAL0003290785001, received 2025-10-14, EIN 95-2565362, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.