Plan Ledger DOL Form 5500 · updated monthly

Intercos America, Inc.401(k)

INTERCOS 401(K) PLAN · CONGERS, NY · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Intercos America, Inc. reported $71,570 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,073 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 0.04% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,051st of 5,648), and 7,334th of 13,661 in manufacturing. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,173,197
Participants with balances336
Active participants367
Employer contributions$393,820
Employee contributions$1,005,841
Employer contribution per active participant$1,073
Average account balance$42,182
Benefits paid to participants$1,007,584
Plan auditUnmodified (clean) audit opinion
AuditorFUNARO & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 336 accts · $394K emplr
2023$11.9M · 303 accts · $343K emplr
2022$9.5M · 298 accts · $304K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,570
Total administrative$71,570
The Intercos America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,073
Median for plans this size$2,416
2024$1,073 per active participant
2023$891 per active participant
2022$785 per active participant

Intercos America, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
JOHN HANCOCK LIFE INS CO OF NY · Recordkeeping · Investment management$3,746

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$71,570 · 0.55%
2023$5,879 · 0.05%
2022$3,892 · 0.04%
Similar plansManufacturing · New York
Topiderm, Inc. NY$14.3M · 0.03%
Armstrong Pumps, Inc. NY$14.3M · 0.12%
River Valley Foods, Inc. NY$14.3M · 0.03%
T L F Graphics Inc NY$14.3M · 0.30%
Matt Industries, Inc. NY$14.1M · 0.51%
Emagin Corporation NY$14.1M · 0.31%
Apex Mills Corporation NY$13.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133646536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.