Plan Ledger DOL Form 5500 · updated monthly

Intercon Inc401(k)

INTERCON, INC. 401(K) PLAN · FOREST, VA · plan year 2024

Reported admin expense ratio · 2024
1.49%

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

Intercon Inc reported $22,942 in plan administrative expenses for 2024: 1.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $950 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (2,108th of 2,266), and 12,975th of 13,661 in manufacturing. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,674,768
Participants with balances113
Active participants109
Employer contributions$103,496
Employee contributions$161,366
Employer contribution per active participant$950
Average account balance$14,821
Benefits paid to participants$214,520
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,942
Total administrative$22,942
The Intercon Inc 401(k) match · 2024
Employer contribution per active participant$950
Median for plans this size$1,313

Intercon Inc's 2024 employer contribution ran below 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,062

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

Administrative cost history1
2024$22,942 · 1.49%
Similar plansManufacturing · Virginia
Ten Oaks, LLC VA$2.8M · 0.77%
Zamma Corporation VA$2.1M · 0.61%
Craft Machine Works, Inc. VA$1.4M · 0.07%
Stone Tower Winery, LLC VA$884K · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541419119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.