Plan Ledger DOL Form 5500 · updated monthly

Ice Age Management401(k)

ICE AGE MANAGEMENT 401(K) PLAN · GREENSBORO, NC · plan year 2022

Employer contribution per participant · 2022
$253

Ice Age Management's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $721,665 across 52 participant accounts, with employer contributions averaging $253 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in North Carolina (1,914th of 2,005), and 1,824th of 2,240 in accommodation & food services. In 2022, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$721,665
Participants with balances52
Active participants341
Employer contributions$86,191
Employee contributions$129,390
Employer contribution per active participant$253
Average account balance$13,878
Benefits paid to participants$31,955
Plan auditUnmodified (clean) audit opinion
The Ice Age Management 401(k) match · 2022
Employer contribution per active participant$253
Median for plans this size$331

Ice Age Management's 2022 employer contribution ran below the $331 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 201480867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.