Plan Ledger DOL Form 5500 · updated monthly

Ideal Industries, Inc.401(k)

IDEAL INDUSTRIES, INC. 401(K) PLAN · SYCAMORE, IL · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Ideal Industries, Inc. reported $190,961 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,816 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 0.12% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 456th-largest of 3,702 plans among Illinois employers on file, and the 1,538th of 13,661 in manufacturing. In 2022, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$133,528,246
Participants with balances1,690
Active participants1,160
Employer contributions$3,266,752
Employee contributions$6,709,278
Employer contribution per active participant$2,816
Average account balance$79,011
Benefits paid to participants$22,372,969
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$114.6M · 730 accts · $1.7M emplr
2023$105.7M · 763 accts · $3.1M emplr
2022$133.5M · 1,690 accts · $3.3M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$120,031
Investment management$70,930
Total administrative$190,961
The Ideal Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$2,816
Median for plans this size$3,449
2024$3,614 per active participant
2023$2,278 per active participant
2022$2,816 per active participant

Ideal Industries, Inc.'s 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$106,602 · 0.10%
2023$137,269 · 0.11%
2022$190,961 · 0.12%
Same employer
Similar plansManufacturing · Illinois
Mizkan America, Inc. IL$137.0M · 0.15%
Barry Callebaut USA IL$134.5M · 0.20%
Dometic Corporation IL$134.3M · 0.17%
Mondi U.S. Holdings LLC IL$133.9M · 0.13%
Nd Paper Inc. IL$131.7M · 0.10%
U.S. Tsubaki Holdings, Inc. IL$129.1M · 0.15%
Upm-Kymmene, Inc. IL$128.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362048768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.