Plan Ledger DOL Form 5500 · updated monthly

Incoe Corporation401(k)

THE INCOE CORPORATION PLAN · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Incoe Corporation reported $3,546 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,197 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 0.02%. 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 890th-largest of 2,619 plans among Michigan employers on file, and the 5,149th of 13,661 in manufacturing. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,878,037
Participants with balances192
Active participants171
Employer contributions$375,754
Employee contributions$1,142,299
Employer contribution per active participant$2,197
Average account balance$129,573
Benefits paid to participants$834,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 192 accts · $376K emplr
2023$21.3M · 198 accts · $371K emplr
2022$17.4M · 192 accts · $385K emplr
The Incoe Corporation 401(k) match · 2024
Employer contribution per active participant$2,197
Median for plans this size$2,416
2024$2,197 per active participant
2023$2,050 per active participant
2022$2,238 per active participant

Incoe Corporation's 2024 employer contribution ran below 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

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$3,546 · 0.02%
2023$200 · 0.00%
2022$225 · 0.00%
Same employer
Similar plansManufacturing · Michigan
C. Thorrez Industries, Inc. MI$25.0M · 0.15%
Roskam Baking Company MI$25.0M · 0.46%
Howard Miller Company MI$25.0M · 0.38%
Gonzalez Production Systems MI$24.7M · 0.01%
Aero Test Group MI$24.6M · 0.25%
Cog Marketers, LTD MI$24.5M · 0.05%
Nagel Precision Inc MI$24.4M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381609071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.