Plan Ledger DOL Form 5500 · updated monthly

Indian Head Industries, Inc.401(k)

INDIAN HEAD INDUSTRIES, INC. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Indian Head Industries, Inc. reported $28,152 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,203 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 0.22% to 0.20%. 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 903rd-largest of 2,005 plans among North Carolina employers on file, and 7,258th of 13,661 in manufacturing. In 2024, employees put in $4.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,412,661
Participants with balances146
Active participants125
Employer contributions$150,316
Employee contributions$627,715
Employer contribution per active participant$1,203
Average account balance$98,717
Benefits paid to participants$1,638,463
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 146 accts · $150K emplr
2023$13.5M · 134 accts · $174K emplr
2022$12.4M · 131 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,152
Total administrative$28,152
The Indian Head Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,203
Median for plans this size$2,416
2024$1,203 per active participant
2023$1,579 per active participant
2022$1,345 per active participant

Indian Head Industries, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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

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$28,152 · 0.20%
2023$27,455 · 0.21%
2022$31,212 · 0.22%
Same employer
Similar plansManufacturing · North Carolina
Wright of Thomasville, Inc. NC$14.9M · 0.46%
Box-Board Products, Inc. NC$14.8M · 0.48%
Avgol America, Inc. NC$14.7M · 0.50%
Schunk Intec Inc. NC$14.7M · 0.01%
Scentair Technologies, Inc. NC$14.3M · 0.91%
Abco Automation, Inc. NC$14.3M · 0.07%
Chiron America, Inc. NC$14.0M · 0.42%
Cold Spring Brewing Company NC$13.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382511555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.