Plan Ledger DOL Form 5500 · updated monthly

Industrial Experimental Technolo401(k)

CAMMENGA & IET 401K PLAN & TRUST · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Industrial Experimental Technolo reported $5,250 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $123 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 0.08% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,304th of 2,619), and 12,539th of 13,661 in manufacturing. In 2024, employees put in $27.64 for every $1.00 the employer contributed; active participation has shrunk from 104 to 77 since 2022.

Plan summary
Net assets, end of year$2,538,074
Participants with balances95
Active participants77
Employer contributions$9,481
Employee contributions$262,067
Employer contribution per active participant$123
Average account balance$26,717
Benefits paid to participants$149,848
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 95 accts · $9K emplr
2023$2.2M · 165 accts · $16K emplr
2022$1.8M · 166 accts · $16K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,250
Total administrative$5,250
The Industrial Experimental Technolo 401(k) match · 2024
Employer contribution per active participant$123
Median for plans this size$1,313
2024$123 per active participant
2023$168 per active participant
2022$157 per active participant

Industrial Experimental Technolo's 2024 employer contribution ran below the $1,313 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 · 20242
ADP, INC. · Recordkeeping$5,249
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
2023ADP

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

Administrative cost history3
2024$5,250 · 0.22%
2023$1,365 · 0.07%
2022$1,430 · 0.08%
Similar plansManufacturing · Michigan
Im Branded MI$2.7M · 0.05%
Detroit Chassis LLC MI$2.6M · 0.04%
Hoffmann Die Cast LLC MI$2.5M · 1.18%
New Center Stamping, Inc. MI$2.5M · 0.89%
Flex-N-Gate Detroit, LLC MI$2.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383450506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.