Plan Ledger DOL Form 5500 · updated monthly

Inductotherm Corp401(k)

INDUCTOTHERM CORP 401(K) PLAN · RANCOCAS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Inductotherm Corp reported $30,302 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.212%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,203rd-largest of 2,419 plans among New Jersey employers on file, and 482nd of 786 in management of companies.

Plan summary
Net assets, end of year$15,838,098
Participants with balances125
Active participants284
Employer contributions$0
Employee contributions$1,010,995
Employer contribution per active participant$0
Average account balance$126,705
Benefits paid to participants$210,060
Plan auditUnmodified (clean) audit opinion
AuditorMCCLAIN, SMITH & WENZ, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 125 accts
2023$12.8M · 121 accts
2022$10.0M · 105 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,302
Total administrative$30,302
The Inductotherm Corp 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Inductotherm Corp'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,302

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$30,302 · 0.21%
2023$22,485 · 0.20%
2022$22,555 · 0.21%
Similar plansManagement of Companies · New Jersey
Halma Holdings Inc. NJ$294.0M · 0.15%
Indel Inc. NJ$99.1M · 0.02%
Redi-Direct Marketing, Inc. NJ$21.7M · 0.09%
Conti Civil, LLC NJ$15.7M · 0.57%
Metalico, Inc. NJ$12.5M · 0.09%
Quattro Foods Group, LLC NJ$11.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222032987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.