Plan Ledger DOL Form 5500 · updated monthly

Iex Group, IncProfit-sharing plan

IEX GROUP, INC. 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Iex Group, Inc reported $176,675 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,933 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 0.47% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,078th-largest of 5,648 plans among New York employers on file, and 2,558th of 4,798 in finance & insurance. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has shrunk from 202 to 162 since 2022.

Plan summary
Net assets, end of year$27,469,816
Participants with balances225
Active participants162
Employer contributions$799,189
Employee contributions$2,902,119
Employer contribution per active participant$4,933
Average account balance$122,088
Benefits paid to participants$1,823,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 225 accts · $799K emplr
2023$22.1M · 244 accts · $927K emplr
2022$15.1M · 234 accts · $852K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$176,675
Total administrative$176,675
Employer contributions to the Iex Group, Inc plan · 2024
Employer contribution per active participant$4,933
Median for plans this size$2,416
2024$4,933 per active participant
2023$4,801 per active participant
2022$4,216 per active participant

Iex Group, Inc's 2024 employer contribution ran above the $2,416 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$37,425
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$6,518
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$50,956
BDO · Accounting / audit$30,200

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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

Administrative cost history3
2024$176,675 · 0.71%
2023$151,918 · 0.82%
2022$70,800 · 0.47%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 800772845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.