Plan Ledger DOL Form 5500 · updated monthly

Indiana Industrial Services, LLC401(k)

INDIANA INDUSTRIAL SERVICES, LLC AND AFFILIATES 401(K) PLAN · MISHAWAKA, IN · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Indiana Industrial Services, LLC reported $66,039 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $813 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 1 year on file its reported administrative ratio rose from 0.32% to 0.40%. 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 631st-largest of 1,562 plans among Indiana employers on file, and the 6,441st of 13,661 in manufacturing. In 2024, employees put in $4.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,582,401
Participants with balances152
Active participants301
Employer contributions$244,796
Employee contributions$994,776
Employer contribution per active participant$813
Average account balance$115,674
Benefits paid to participants$677,098
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history2
Yearassets · accounts · employer contribution
2024$17.6M · 152 accts · $245K emplr
2023$15.0M · 141 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,224
Trustee / custodial$64,815
Total administrative$66,039
The Indiana Industrial Services, LLC 401(k) match · 2024
Employer contribution per active participant$813
Median for plans this size$2,416
2024$813 per active participant
2023$792 per active participant

Indiana Industrial Services, LLC'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
1ST SOURCE BANK · Recordkeeping · Consulting$66,039

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

Recordkeeper by year2
20241ST SOURCE BANK
20231ST SOURCE BANK

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

Administrative cost history2
2024$66,039 · 0.40%
2023$43,514 · 0.32%
Similar plansManufacturing · Indiana
Winamac Coil Spring, Inc. IN$17.8M · 0.35%
Kulzer, LLC IN$17.7M · 0.06%
Roche Operations, LTD IN$17.7M · 0.04%
Midwestern Pet Food, Inc. IN$17.4M · 0.34%
Msi Express, Inc. IN$17.4M · 0.42%
Press-Seal Corporation IN$17.4M · 0.03%
Blairex Laboratories, Inc. IN$17.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352189055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.