Plan Ledger DOL Form 5500 · updated monthly

Instant Brands Holdings Inc.401(k)

INSTANT BRANDS RETIREMENT INCOME PLAN · DOWNERS GROVE, IL · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Instant Brands Holdings Inc. reported $347,914 in plan administrative expenses for 2023: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,286 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 0.20% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other management of companies employers. By assets it is the 374th-largest of 3,702 plans among Illinois employers on file, and the 162nd of 786 in management of companies. In 2023, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$170,465,756
Participants with balances2,559
Active participants1,503
Employer contributions$3,436,352
Employee contributions$7,778,666
Employer contribution per active participant$2,286
Average account balance$66,614
Benefits paid to participants$21,567,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $2.7M emplr
2023$170.5M · 2,559 accts · $3.4M emplr
2022$155.9M · 2,917 accts · $3.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$255,047
Investment management$91,417
Audit (IQPA)$1,450
Total administrative$347,914
The Instant Brands Holdings Inc. 401(k) match · 2023
Employer contribution per active participant$2,286
Median for plans this size$3,659
2023$2,286 per active participant
2022$2,171 per active participant

Instant Brands Holdings Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK · Recordkeeping · Loan processing$299,214
ROCATON INVESTMENT ADVISORS · Investment advisory (plan)$47,250

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024Not separately reported
2023$347,914 · 0.21%
2022$344,428 · 0.20%
Same employer
Similar plansManagement of Companies · Illinois
Gatx Corporation IL$240.4M · 0.00%
Curran Group, Inc. IL$238.4M · 0.14%
Pregis LLC IL$185.1M · 0.16%
Qcr Holdings, Inc. IL$164.4M · 0.18%
Banterra Corp. IL$82.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161403318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.