Plan Ledger DOL Form 5500 · updated monthly

Easy Ice, LLC401(k)

EASY ICE, LLC 401(K) AND PROFIT SHARING PLAN · MARQUETTE, MI · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Easy Ice, LLC reported $61,569 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,268 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 2 years on file its reported administrative ratio rose from 0.33% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Michigan (1,327th of 2,619), and the 916th of 2,096 in real estate & leasing. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 406 to 503 since 2022.

Plan summary
Net assets, end of year$13,442,302
Participants with balances491
Active participants503
Employer contributions$637,890
Employee contributions$1,626,925
Employer contribution per active participant$1,268
Average account balance$27,377
Benefits paid to participants$738,139
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, SAPPER & MILLER CPA
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 491 accts · $638K emplr
2023$10.4M · 548 accts · $532K emplr
2022$8.3M · 395 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,554
Investment management$11,515
Audit (IQPA)$13,500
Total administrative$61,569
The Easy Ice, LLC 401(k) match · 2024
Employer contribution per active participant$1,268
Median for plans this size$2,416
2024$1,268 per active participant
2023$1,231 per active participant
2022$949 per active participant

Easy Ice, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
KSM BUSINESS SERVICES INC · Accounting / audit$13,500
EMPOWER ADVISORY GROUP, LLC · Investment management$11,515

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

Administrative cost history3
2024$61,569 · 0.52%
2023$38,816 · 0.42%
2022$26,188 · 0.33%
Same employer
Similar plansReal Estate & Leasing · Michigan
Cinnaire Corporation MI$15.4M · 0.45%
Lautrec, LTD. MI$14.9M · 0.01%
Rpt Realty, Inc. MI$14.3M · 0.43%
Star Truck Rentals, Inc. MI$13.2M · 0.58%
Rhp Staffing Company MI$12.3M · 0.94%
Liv Communities LLC MI$10.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832872645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.