Ivanti, Inc. 401(k) Review & Grade
Ivanti Inc. 401(k) Plan
South Jordan, UTProfessional, Scientific & Technical Services1,010 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,279Employer $ per active participant
$15,574Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$216.4MNet plan assets, end of year
$121,115Average balance per account
Score breakdown
- Employer generosity26.7 / 5053th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving13.6 / 1591th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 75th |
| Employee saving | 91th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $2,113 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ivanti put in about $3,279 per active participant, more than the typical peer ($3,082). 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.
- 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 | $3,313,550 |
| Participant (employee) contributions | $15,737,965 |
| Other contributions (incl. rollovers in) | $1,900,789 |
| Administrative expenses paid from the plan | $194,310 |
| Contract administrator fees | $600 |
| Investment advisory & management fees | $87,689 |
| Benefits paid out | $27,426,730 |
| Net assets, start / end of year | $193.7M / $216.4M |
| Active participants, start / end of year | 1,091 / 930 |
| Participants with account balances | 1,787 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $106,896 reported compensation |
| Onedigital Investment Advisors LLC | $87,689 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013165844NAL0000853747001, received 2025-10-13, EIN 30-0110335, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.