Plan Ledger DOL Form 5500 · updated monthly

Icafe, Inc401(k)

ICAFE, INC 401(K) PROFIT SHARING PLAN · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Icafe, Inc reported $68,056 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,594 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 has held roughly steady near 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Wisconsin (1,112th of 1,936), and 2,501st of 4,246 in wholesale trade. In 2024, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,684,496
Participants with balances150
Active participants138
Employer contributions$220,000
Employee contributions$678,599
Employer contribution per active participant$1,594
Average account balance$91,230
Benefits paid to participants$188,465
Plan auditUnmodified (clean) audit opinion
AuditorDJA CPAS, S.C
Plan history2
Yearassets · accounts · employer contribution
2024$13.7M · 150 accts · $220K emplr
2023$10.8M · 130 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,013
Investment management$7,043
Total administrative$68,056
The Icafe, Inc 401(k) match · 2024
Employer contribution per active participant$1,594
Median for plans this size$2,416
2024$1,594 per active participant
2023$1,594 per active participant

Icafe, Inc's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$62,400
WILSHIRE ASSOCIATES INC. · Other services$5,655

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history2
2024$68,056 · 0.56%
2023$52,831 · 0.55%
Similar plansWholesale Trade · Wisconsin
Bills Distributing, LTD. WI$14.9M · 0.29%
Badger Corrugating Company WI$14.1M · 0.34%
L.F. George, Inc. WI$13.2M · 0.41%
Mecum Auctions, Inc. WI$13.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391247721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.