Plan Ledger DOL Form 5500 · updated monthly

Interdesign, Inc.401(k)

INTERDESIGN, INC. PROFIT SHARING PLAN · SOLON, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Interdesign, Inc. reported $6,822 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,043 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 0.02% to 0.03%. 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 the 1,160th-largest of 3,295 plans among Ohio employers on file, and the 5,270th of 13,661 in manufacturing. In 2024, employees put in $4.40 for every $1.00 the employer contributed; active participation has shrunk from 283 to 190 since 2022.

Plan summary
Net assets, end of year$23,967,687
Participants with balances292
Active participants190
Employer contributions$198,113
Employee contributions$870,750
Employer contribution per active participant$1,043
Average account balance$82,081
Benefits paid to participants$6,678,307
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 292 accts · $198K emplr
2023$22.5M · 315 accts · $441K emplr
2022$19.8M · 453 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,050
Investment management$1,772
Total administrative$6,822
The Interdesign, Inc. 401(k) match · 2024
Employer contribution per active participant$1,043
Median for plans this size$2,416
2024$1,043 per active participant
2023$1,671 per active participant
2022$4,540 per active participant

Interdesign, 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 · 20243
NFP RETIREMENT INCindirect comp
LINCOLN FINANCIAL ADVISORS CORPindirect 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$6,822 · 0.03%
2023$9,988 · 0.05%
2022$5,451 · 0.02%
Same employer
Similar plansManufacturing · Ohio
The Horsburgh & Scott Co. OH$24.8M · 0.19%
Park Corporation OH$24.6M · 0.32%
Ultium Cells, LLC OH$24.4M · 0.40%
Wiley Companies OH$24.2M · 0.19%
Werk-Brau Co., Inc. OH$23.9M · 0.20%
General Tool Company OH$23.9M · 0.18%
Field Aviation, Inc. OH$23.9M · 0.13%
Xaloy LLC OH$23.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341145527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.