Plan Ledger DOL Form 5500 · updated monthly

Industrial Steel Construction, Inc.401(k)

INDUSTRIAL STEEL CONSTRUCTION, INC. EMPLOYEES' 401(K) RETIREMENT PLAN · GARY, IN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Industrial Steel Construction, Inc. reported $45,132 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,438 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. 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 609th-largest of 1,562 plans among Indiana employers on file, and the 6,296th of 13,661 in manufacturing. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has grown from 196 to 255 since 2022.

Plan summary
Net assets, end of year$18,199,670
Participants with balances276
Active participants255
Employer contributions$366,778
Employee contributions$1,080,049
Employer contribution per active participant$1,438
Average account balance$65,941
Benefits paid to participants$809,344
Plan auditUnmodified (clean) audit opinion
AuditorCDH CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 276 accts · $367K emplr
2023$15.6M · 253 accts · $336K emplr
2022$13.9M · 222 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,657
Investment management$33,475
Total administrative$45,132
The Industrial Steel Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$1,438
Median for plans this size$2,416
2024$1,438 per active participant
2023$1,495 per active participant
2022$1,308 per active participant

Industrial Steel Construction, Inc.'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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$33,474
JPMORGAN INVEST HOLDINGS LLC$9,902

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$45,132 · 0.27%
2023$43,190 · 0.29%
2022$41,777 · 0.28%
Same employer
Similar plansManufacturing · Indiana
Accurate Castings, Inc. IN$18.3M · 0.23%
80/20, LLC IN$18.2M · 0.11%
Amatrol, Inc. IN$18.2M · 0.11%
Kountry Wood Products, LLC IN$18.1M · 0.05%
Tasus Corporation IN$18.0M · 0.08%
Q-Edge Corporation IN$17.9M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362685456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.