Plan Ledger DOL Form 5500 · updated monthly

Iko Industries, Inc.401(k)

IKO SALARIED EMPLOYEE SAVINGS PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Iko Industries, Inc. reported $196,279 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,200 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 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 59th-largest of 242 plans among Delaware employers on file, and the 3,485th of 13,661 in manufacturing. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 381 to 473 since 2022.

Plan summary
Net assets, end of year$43,212,073
Participants with balances594
Active participants473
Employer contributions$1,513,428
Employee contributions$3,488,949
Employer contribution per active participant$3,200
Average account balance$72,748
Benefits paid to participants$1,761,237
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$43.2M · 594 accts · $1.5M emplr
2023$34.8M · 537 accts · $1.3M emplr
2022$29.5M · 494 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$196,279
Total administrative$196,279
The Iko Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$3,200
Median for plans this size$2,416
2024$3,200 per active participant
2023$3,080 per active participant
2022$2,961 per active participant

Iko Industries, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$196,279

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$196,279 · 0.50%
2023$4,155 · 0.01%
2022$1,490 · 0.00%
All plans at this employer2
IKO SALARIED EMPLOYEE SAVINGS PLAN401(k)
IKO HOURLY EMPLOYEE SAVINGS PLAN401(k)
Similar plansManufacturing · Delaware
Noramco LLC DE$66.0M · 0.07%
Spi Pharma DE$56.6M · 0.27%
The Lycra Company LLC DE$42.6M · 0.25%
Pats Aircraft, LLC DE$37.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161007213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.