Plan Ledger DOL Form 5500 · updated monthly

Intermatic Incorporated401(k)

INTERMATIC CASH ACCUMULATION PLAN · LIBERTYVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Intermatic Incorporated reported $68,819 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $3,449 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 0.10% to 0.16%. 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 1,017th-largest of 3,702 plans among Illinois employers on file, and the 3,465th of 13,661 in manufacturing. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,499,867
Participants with balances222
Active participants146
Employer contributions$503,622
Employee contributions$1,428,984
Employer contribution per active participant$3,449
Average account balance$195,945
Benefits paid to participants$3,576,198
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.5M · 222 accts · $504K emplr
2023$40.2M · 228 accts · $484K emplr
2022$35.4M · 220 accts · $588K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,318
Investment management$45,000
Total administrative$68,819
The Intermatic Incorporated 401(k) match · 2024
Employer contribution per active participant$3,449
Median for plans this size$2,416
2024$3,449 per active participant
2023$3,314 per active participant
2022$4,138 per active participant

Intermatic Incorporated's 2024 employer contribution ran above the $2,416 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
MORGAN STANLEY · Investment advisory (plan)$45,000
JPMORGAN INVEST HOLDINGS LLC$24,318

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$68,819 · 0.16%
2023$32,320 · 0.09%
2022$34,986 · 0.10%
Same employer
Similar plansManufacturing · Illinois
A. Finkl & Sons Co. IL$44.0M · 0.24%
Terlato Wine Group, LTD. IL$43.8M · 0.14%
Midtronics, Inc. IL$43.6M · 0.19%
Jel Sert Company IL$43.4M · 0.19%
Phoenix Closures, Inc. IL$43.3M · 0.20%
Westell Technologies, Inc. IL$42.9M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 361265490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.