Plan Ledger DOL Form 5500 · updated monthly

Industrial Dynamics Co. LTD401(k)

FILTEC 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Industrial Dynamics Co. LTD reported $41,312 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,751 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 0.27% to 0.30%. 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 4,531st-largest of 9,483 plans among California employers on file, and 7,333rd of 13,661 in manufacturing. In 2024, employees put in $4.91 for every $1.00 the employer contributed; active participation has shrunk from 107 to 82 since 2022.

Plan summary
Net assets, end of year$14,173,684
Participants with balances141
Active participants82
Employer contributions$143,606
Employee contributions$704,839
Employer contribution per active participant$1,751
Average account balance$100,523
Benefits paid to participants$1,772,591
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 141 accts · $144K emplr
2023$13.4M · 153 accts · $153K emplr
2022$12.1M · 163 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,793
Investment management$24,019
Audit (IQPA)$13,500
Total administrative$41,312
The Industrial Dynamics Co. LTD 401(k) match · 2024
Employer contribution per active participant$1,751
Median for plans this size$2,416
2024$1,751 per active participant
2023$1,595 per active participant
2022$1,488 per active participant

Industrial Dynamics Co. LTD's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY · Investment advisory (plan) · Investment management$24,019
HUTCHINSON & BLOODGOOD LLP · Accounting / audit$13,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,793

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$41,312 · 0.30%
2023$35,607 · 0.28%
2022$34,624 · 0.27%
Same employer
Similar plansManufacturing · California
Neurelis, Inc. CA$14.2M · 0.34%
Parco, LLC CA$14.2M · 0.20%
Axiom Technology, Inc. CA$14.2M · 0.41%
Prestige Mold Incorporated CA$14.2M · 0.01%
Navien, Inc. CA$14.1M · 0.03%
Avantus Aerospace, Inc. CA$14.1M · 0.71%
Therm-X of California, Inc. CA$14.0M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952099682 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.