Plan Ledger DOL Form 5500 · updated monthly

Instant Web, LLC401(k)

IWCO RETIREMENT SAVINGS PLAN · CHANHASSEN, MN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Instant Web, LLC reported $174,325 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,595 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 fell from 0.18% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 243rd-largest of 1,918 plans among Minnesota employers on file, and the 1,684th of 13,661 in manufacturing. In 2024, employees put in $3.15 for every $1.00 the employer contributed; active participation has shrunk from 1,369 to 1,192 since 2022.

Plan summary
Net assets, end of year$117,736,779
Participants with balances1,766
Active participants1,192
Employer contributions$1,901,098
Employee contributions$5,996,240
Employer contribution per active participant$1,595
Average account balance$66,669
Benefits paid to participants$16,975,948
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.7M · 1,766 accts · $1.9M emplr
2023$111.4M · 1,750 accts · $1.9M emplr
2022$101.3M · 2,055 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,325
Investment management$60,000
Total administrative$174,325
The Instant Web, LLC 401(k) match · 2024
Employer contribution per active participant$1,595
Median for plans this size$3,635
2024$1,595 per active participant
2023$1,937 per active participant
2022$1,650 per active participant

Instant Web, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$114,325
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$60,000

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$174,325 · 0.15%
2023$194,429 · 0.18%
2022$211,518 · 0.18%
Same employer
Similar plansManufacturing · Minnesota
Cemstone Products Company MN$129.0M · 0.25%
Datasite LLC MN$120.7M · 0.04%
Zinpro Corporation MN$116.7M · 0.00%
Superior Industries, Inc. MN$116.5M · 0.41%
The Imagine Group MN$116.4M · 0.27%
Turck Inc. MN$116.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465132128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.