Irb Holding Corporation 401(k) Review & Grade
Inspire Brands, Inc. 401k Retirement Plan
Atlanta, GAAccommodation & Food Services44,388 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$470Employer $ per active participant
$907Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$596.4MNet plan assets, end of year
–Average balance per account
Score breakdown
- Employer generosity31.3 / 5062th percentile for employer $ per participant
- Low cost8.7 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1542th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 10,000+ active participants (41 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 35th |
| Employee saving | 42th |
| Peers that auto-enroll | 24% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Irb Holding put in about $470 per active participant, more than the typical peer ($393). 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 | $20,858,592 |
| Participant (employee) contributions | $40,265,268 |
| Other contributions (incl. rollovers in) | $6,609,918 |
| Administrative expenses paid from the plan | $731,799 |
| Investment advisory & management fees | $179,131 |
| Other admin expenses | $55,992 |
| Benefits paid out | $114,458,968 |
| Net assets, start / end of year | $561.9M / $596.4M |
| Active participants, start / end of year | 45,138 / 43,639 |
| Participants with account balances | 0 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Warren Averett Cpas and Advisors |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $479,626 reported compensation |
| Edelman Financial Engines | $134,131 reported compensation |
| Curcio Webb, LLC | $71,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250916115607NAL0001929713001, received 2025-09-16, EIN 82-3952653, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.