Plan Ledger DOL Form 5500 · updated monthly

Instantwhip Foods, Inc.401(k)

THE INSTANTWHIP COMPANIES PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Instantwhip Foods, Inc. reported $5,306 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,728 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,124th-largest of 3,295 plans among Ohio employers on file, and the 5,141st of 13,661 in manufacturing. In 2023, employees put in $1.98 for every $1.00 the employer contributed; active participation has shrunk from 304 to 235 since 2022.

Plan summary
Net assets, end of year$24,912,954
Participants with balances175
Active participants235
Employer contributions$405,988
Employee contributions$805,480
Employer contribution per active participant$1,728
Average account balance$142,360
Benefits paid to participants$1,143,556
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.4M · 187 accts · $428K emplr
2023$24.9M · 175 accts · $406K emplr
2022$20.9M · 183 accts · $383K emplr
Administrative expenses, itemized · 2023
Investment management$48,297
Total administrative$5,306
The Instantwhip Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$1,728
Median for plans this size$2,440
2024$1,522 per active participant
2023$1,728 per active participant
2022$1,259 per active participant

Instantwhip Foods, Inc.'s 2023 employer contribution ran below the $2,440 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
OPPENHEIMER & CO. INC. · Investment advisory (plan)$48,297
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$2,442 · 0.01%
2023$5,306 · 0.02%
2022Not separately reported
Same employer
Similar plansManufacturing · Ohio
Haas Door Company OH$25.1M · 0.49%
Dlhbowles, Inc. OH$25.0M · 0.22%
The Horsburgh & Scott Co. OH$24.8M · 0.19%
Park Corporation OH$24.6M · 0.32%
Ultium Cells, LLC OH$24.4M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 314113290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.