Plan Ledger DOL Form 5500 · updated monthly

Id Castings, LLC401(k)

ID CASTINGS, LLC 401(K) PLAN · NOBLESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
1.47%

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

Id Castings, LLC reported $62,769 in plan administrative expenses for 2024: 1.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,504 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 1.30% to 1.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Indiana (1,162nd of 1,562), and 2,264th of 3,341 in other services. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,179,815
Participants with balances186
Active participants168
Employer contributions$420,702
Employee contributions$679,122
Employer contribution per active participant$2,504
Average account balance$27,848
Benefits paid to participants$321,018
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE, & SCHOENFELD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 186 accts · $421K emplr
2023$3.4M · 177 accts · $373K emplr
2022$2.5M · 174 accts · $347K emplr
The Id Castings, LLC 401(k) match · 2024
Employer contribution per active participant$2,504
Median for plans this size$1,313
2024$2,504 per active participant
2023$2,273 per active participant
2022$2,064 per active participant

Id Castings, LLC's 2024 employer contribution ran above the $1,313 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.

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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$28,319
CLEARSTEAD ADVISORS, LLC · Accounting / audit$18,750
BRADY, WARE & SCHOENFELD, INC. · Accounting / audit$15,700

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$62,769 · 1.47%
2023$40,905 · 1.39%
2022$30,833 · 1.30%
Similar plansOther Services · Indiana
AUTO-X-10 D, Inc. IN$6.0M · 0.04%
Adec, Inc. IN$4.8M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611720109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.