Ice River Springs Morganton Ll401(k)
ICE RIVER SPRINGS MORGANTON LL 401(K) PROFIT SHARING PLAN & TRUST · · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Ice River Springs Morganton Ll reported $10,485 in plan administrative expenses for 2022: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,254 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 fell from 0.95% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is 11,252nd of 11,654 in professional & technical services. In 2022, employees put in $2.05 for every $1.00 the employer contributed.
Ice River Springs Morganton Ll's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 204878400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.