Plan Ledger DOL Form 5500 · updated monthly

Intercambio Express, Inc.Profit-sharing plan

INTERCAMBIO EXPRESS, INC. RETIREMENT PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
1.22%

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

Intercambio Express, Inc. reported $39,045 in plan administrative expenses for 2024: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $398 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 rose from 0.14% to 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Indiana (1,294th of 1,562), and 4,568th of 4,798 in finance & insurance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 124 to 160 since 2022.

Plan summary
Net assets, end of year$3,370,619
Participants with balances98
Active participants160
Employer contributions$63,694
Employee contributions$112,241
Employer contribution per active participant$398
Average account balance$34,394
Benefits paid to participants$173,593
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 98 accts · $64K emplr
2023$3.0M · 173 accts · $47K emplr
2022$2.6M · 170 accts · $41K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,585
Investment management$14,460
Total administrative$39,045
Employer contributions to the Intercambio Express, Inc. plan · 2024
Employer contribution per active participant$398
Median for plans this size$1,313
2024$398 per active participant
2023$330 per active participant
2022$331 per active participant

Intercambio Express, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE OO · Recordkeeping · Investment management$3,982
EDWARD JONES · Investment advisory (participants)indirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (participants)indirect comp

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
2024$39,045 · 1.22%
2023$17,211 · 0.62%
2022$3,986 · 0.14%
Same employer
Similar plansFinance & Insurance · Indiana
North Salem State Bank IN$6.5M · 0.19%
Hoosier Investments, LLC IN$865K · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352081064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.