Plan Ledger DOL Form 5500 · updated monthly

Inno Pak, LLC401(k)

INNO-PAK, LLC 401(K) PROFIT SHARING PLAN · DELAWARE, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Inno Pak, LLC reported $46,519 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,200 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 1 year on file its reported administrative ratio rose from 0.25% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (1,662nd of 3,295), and 2,459th of 4,246 in wholesale trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,095,087
Participants with balances241
Active participants229
Employer contributions$503,858
Employee contributions$877,500
Employer contribution per active participant$2,200
Average account balance$58,486
Benefits paid to participants$1,599,099
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$14.1M · 241 accts · $504K emplr
2023$12.4M · 222 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,945
Investment management$43,574
Total administrative$46,519
The Inno Pak, LLC 401(k) match · 2024
Employer contribution per active participant$2,200
Median for plans this size$2,416
2024$2,200 per active participant
2023$2,772 per active participant

Inno Pak, LLC'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
THE VANGUARD GROUP, INC. · Recordkeeping$16,069
CETERA ADVISOR NETWORKS · Investment advisory (plan)$32,141
NATIONAL ASSOCIATES, INC. · Contract administrator$3,440

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history2
2024$46,519 · 0.35%
2023$28,011 · 0.25%
Similar plansWholesale Trade · Ohio
Power Distributors, LLC OH$14.3M · 0.27%
Metro Decor LLC OH$14.1M · 0.02%
World Tire Corporation OH$13.5M · 0.47%
R. S. Hanline & Co., Inc. OH$13.4M · 0.85%
American Interiors, Inc. OH$13.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770696752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.