Plan Ledger DOL Form 5500 · updated monthly

Industrial Automation Group, LLC401(k)

AUTOMATION GROUP 401(K) PLAN · MODESTO, CA · plan year 2023

Reported admin expense ratio · 2023
2.07%

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

Industrial Automation Group, LLC reported $73,187 in plan administrative expenses for 2023: 2.07% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,837 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (9,454th of 9,483), and 11,638th of 11,654 in professional & technical services. In 2023, employees put in $5.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,242
Participants with balances1
Active participants108
Employer contributions$198,421
Employee contributions$1,045,382
Employer contribution per active participant$1,837
Average account balance$7,242
Benefits paid to participants$2,337,767
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$73,187
Total administrative$73,187
The Industrial Automation Group, LLC 401(k) match · 2023
Employer contribution per active participant$1,837
Median for plans this size$1,308

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

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$73,187

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

Administrative cost history1
2023$73,187 · 2.07%
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Vicarious Fpc, Inc. CA$1K · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461327868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.