Plan Ledger DOL Form 5500 · updated monthly

Inoac Exterior Systems, LLC401(k)

INOAC EXTERIOR SYSTEMS, LLC RETIREMENT SAVINGS AND PROFIT SHARING PLAN · FREMONT, OH · plan year 2023

Reported admin expense ratio · 2023
0.19%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Inoac Exterior Systems, LLC reported $120,288 in plan administrative expenses for 2023: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,089 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.16% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 525th-largest of 3,295 plans among Ohio employers on file, and the 2,611th of 13,661 in manufacturing. In 2023, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 744 to 922 since 2022.

Plan summary
Net assets, end of year$64,855,507
Participants with balances966
Active participants922
Employer contributions$1,004,111
Employee contributions$2,125,405
Employer contribution per active participant$1,089
Average account balance$67,138
Benefits paid to participants$8,738,672
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$64.9M · 966 accts · $1.0M emplr
2022$60.4M · 720 accts · $701K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$66,399
Investment management$36,000
Total administrative$120,288
The Inoac Exterior Systems, LLC 401(k) match · 2023
Employer contribution per active participant$1,089
Median for plans this size$3,659
2023$1,089 per active participant
2022$943 per active participant

Inoac Exterior Systems, LLC's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$87,128
COOPER EAGLE LLC · Consulting$36,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$120,288 · 0.19%
2022$106,304 · 0.16%
Same employer
Similar plansManufacturing · Ohio
Hbd Industries, Inc. OH$66.0M · 0.23%
Xtek Inc OH$65.7M
National Machinery LLC OH$64.3M · 0.03%
Kth Parts Industries, Inc. OH$63.7M · 0.05%
Buckeye Corrugated, Inc. OH$63.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382788802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.