Plan Ledger DOL Form 5500 · updated monthly

Ic Security Printers, Inc.401(k)

IC SECURITY PRINTERS, INC. EMPLOYEES' 401(K) · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
0.35%

Ic Security Printers, Inc. reported $29,512 in plan administrative expenses for 2023: 0.35% of average plan assets, below the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (488th of 848), and 9,160th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$9,168,738
Participants with balances123
Active participants187
Employer contributions—
Employee contributions$493,379
Employer contribution per active participant—
Average account balance$74,543
Benefits paid to participants$219,684
Plan auditUnmodified (clean) audit opinion
AuditorRAMUSON & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 152 accts
2023$9.2M · 123 accts
2022$7.6M · 124 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,444
Investment management$16,068
Total administrative$29,512
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. · Loan processing · Recordkeeping$13,446
KESTRA FINANCIAL · Investment advisory (plan)$16,068

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
2024$32,968 · 0.36%
2023$29,512 · 0.35%
2022$32,033 · 0.37%
Similar plansManufacturing · Utah
Kodiak Cakes, LLC UT$9.7M · 0.39%
Mity-Lite, Inc. UT$9.5M · 0.56%
Thermoworks, Inc. UT$9.4M · 0.79%
Sure Steel, Inc. UT$9.0M · 0.44%
Imsar LLC UT$8.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870402516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.