Plan Ledger DOL Form 5500 · updated monthly

Industrial Finishes & Systems, Inc.401(k)

INDUSTRIAL FINISHES & SYSTEMS, INC. PROFIT SHARING 401(K) PLAN · EUGENE, OR · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Industrial Finishes & Systems, Inc. reported $327,608 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,171 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 0.59% to 1.16%. 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 285th-largest of 1,021 plans among Oregon employers on file, and the 4,613th of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,875,112
Participants with balances383
Active participants369
Employer contributions$1,170,074
Employee contributions$1,625,076
Employer contribution per active participant$3,171
Average account balance$75,392
Benefits paid to participants$5,167,399
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 383 accts · $1.2M emplr
2023$27.8M · 377 accts · $1.2M emplr
2022$24.2M · 366 accts · $580K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,215
Investment management$165,828
Audit (IQPA)$27,000
Total administrative$327,608
The Industrial Finishes & Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$3,171
Median for plans this size$2,416
2024$3,171 per active participant
2023$3,467 per active participant
2022$1,701 per active participant

Industrial Finishes & Systems, Inc.'s 2024 employer contribution ran above 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 · 20245
SAPIENT WEALTH MANAGEMENT SERVICES · Investment advisory (plan)$86,363
EMPOWER ADVISORY GROUP, LLC · Investment management$79,466
PRIME PENSIONS NORTHWEST, LLC · Other services$55,565
MOSS ADAMS LLP · Accounting / audit$27,000

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$327,608 · 1.16%
2023$264,099 · 1.02%
2022$143,953 · 0.59%
Same employer
Similar plansManufacturing · Oregon
Zip-O-Log Mills, Inc. OR$29.9M · 0.08%
Rosboro Company, LLC OR$29.9M · 0.07%
Bruce Packing Co., Inc. OR$28.4M · 0.50%
Freres Lumber Co., Inc. OR$28.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930520246 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.