Plan Ledger DOL Form 5500 · updated monthly

Ikea Purchasing Services (US), Inc.401(k)

INTER IKEA RETIREMENT AND SAVINGS PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Ikea Purchasing Services (US), Inc. reported $43,604 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,041 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 0.00% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 927th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,203rd of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,686,260
Participants with balances306
Active participants215
Employer contributions$1,083,785
Employee contributions$2,158,452
Employer contribution per active participant$5,041
Average account balance$136,230
Benefits paid to participants$2,933,935
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.7M · 306 accts · $1.1M emplr
2023$35.4M · 300 accts · $1.1M emplr
2022$29.0M · 294 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,604
Total administrative$43,604
The Ikea Purchasing Services (US), Inc. 401(k) match · 2024
Employer contribution per active participant$5,041
Median for plans this size$2,416
2024$5,041 per active participant
2023$5,045 per active participant
2022$4,727 per active participant

Ikea Purchasing Services (US), 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,604

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

Administrative cost history3
2024$43,604 · 0.11%
2023$31,384 · 0.10%
2022$1,335 · 0.00%
All plans at this employer2
INTER IKEA RETIREMENT AND SAVINGS PLAN401(k)
INTER IKEA TACK PROGRAMProfit-sharing plan
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Novatech, L.L.C. PA$42.8M · 0.02%
Jm Search & Company, Inc. PA$40.7M · 0.20%
Magna Legal Services, LLC PA$40.5M · 0.38%
Verinext Corp. PA$39.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232486935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.