Plan Ledger DOL Form 5500 · updated monthly

Indyne, Inc.401(k)

INDYNE, INC. 401(K) PLAN · LEXINGTON PARK, MD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Indyne, Inc. reported $98,429 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,596 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 0.142%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 234th-largest of 1,671 plans among Maryland employers on file, and the 1,995th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 273 to 485 since 2022.

Plan summary
Net assets, end of year$72,484,436
Participants with balances635
Active participants485
Employer contributions$1,259,291
Employee contributions$2,297,790
Employer contribution per active participant$2,596
Average account balance$114,149
Benefits paid to participants$8,550,946
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.5M · 635 accts · $1.3M emplr
2023$66.0M · 600 accts · $1.0M emplr
2022$61.9M · 600 accts · $971K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,242
Investment management$54,187
Total administrative$98,429
The Indyne, Inc. 401(k) match · 2024
Employer contribution per active participant$2,596
Median for plans this size$3,635
2024$2,596 per active participant
2023$3,574 per active participant
2022$3,558 per active participant

Indyne, Inc.'s 2024 employer contribution ran below the $3,635 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
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$54,187

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$98,429 · 0.14%
2023$92,479 · 0.14%
2022$97,492 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Maryland
Jbs International, Inc. MD$74.0M · 0.02%
Sc&H Group, Inc. MD$74.0M · 0.15%
Lupin Pharmaceuticals, Inc. MD$71.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521395799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.