Plan Ledger DOL Form 5500 · updated monthly

Interchange Group, Inc.401(k)

INTERCHANGE GROUP, INC. 401(K) PLAN · HARRISONBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Interchange Group, Inc. reported $31,981 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,417 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 0.76% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Virginia (1,474th of 2,266), and the 1,174th of 2,677 in transportation & warehousing. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,799,471
Participants with balances240
Active participants381
Employer contributions$539,698
Employee contributions$830,924
Employer contribution per active participant$1,417
Average account balance$40,831
Benefits paid to participants$360,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 240 accts · $540K emplr
2023$8.1M · 221 accts · $504K emplr
2022$6.8M · 192 accts · $379K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,810
Total administrative$31,981
The Interchange Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,417
Median for plans this size$1,313
2024$1,417 per active participant
2023$1,561 per active participant
2022$1,051 per active participant

Interchange Group, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
SAPERE WEALTH MANAGEMENT, LLC · Investment advisory (participants) · Investment advisory (plan)$39,166
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,552

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$31,981 · 0.36%
2023$59,387 · 0.80%
2022$46,574 · 0.76%
Same employer
Similar plansTransportation & Warehousing · Virginia
Priority One Services, Inc. VA$17.4M · 0.74%
Norfolk Tug Company VA$13.8M · 0.46%
Avmac, LLC VA$7.8M · 0.30%
Urgent.Ly Inc. VA$7.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541965308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.