Plan Ledger DOL Form 5500 · updated monthly

Industrial Aid, Inc.401(k)

INDUSTRIAL AID, INC. 401(K) PLAN001 · ST.LOUIS, MO · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Industrial Aid, Inc. reported $6,828 in plan administrative expenses for 2023: 0.44% of average plan assets, below the peer median. Employer contributions averaged $327 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 0.44% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (1,284th of 1,393), and 10,321st of 11,911 in health care & social assistance. In 2023, employees put in $1.73 for every $1.00 the employer contributed; active participation has shrunk from 129 to 114 since 2022.

Plan summary
Net assets, end of year$1,673,051
Participants with balances124
Active participants114
Employer contributions$37,270
Employee contributions$64,457
Employer contribution per active participant$327
Average account balance$13,492
Benefits paid to participants$98,041
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 95 accts · $37K emplr
2023$1.7M · 124 accts · $37K emplr
2022$1.4M · 126 accts · $40K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$754
Investment management$6,074
Total administrative$6,828
The Industrial Aid, Inc. 401(k) match · 2023
Employer contribution per active participant$327
Median for plans this size$1,308
2024$342 per active participant
2023$327 per active participant
2022$312 per active participant

Industrial Aid, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MMA SECURITIES, LLC · Recordkeeping · Trustee$6,074
ADP, INC. · Loan processing · Recordkeeping$754
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

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

Administrative cost history3
2024$8,665 · 0.58%
2023$6,828 · 0.44%
2022$6,750 · 0.44%
Similar plansHealth Care & Social Assistance · Missouri
Nazareth Living Center MO$1.9M · 0.56%
West Vue, Inc. MO$1.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430950642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.