Plan Ledger DOL Form 5500 · updated monthly

Interpower Corporation401(k)

INTERPOWER CORPORATION 401(K) PLAN · OSKALOOSA, IA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Interpower Corporation reported $23,118 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,494 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Iowa (632nd of 878), and 9,825th of 13,661 in manufacturing. In 2022, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,659,209
Participants with balances95
Active participants89
Employer contributions$132,940
Employee contributions$298,052
Employer contribution per active participant$1,494
Average account balance$80,623
Benefits paid to participants$179,080
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,118
Total administrative$23,118
The Interpower Corporation 401(k) match · 2022
Employer contribution per active participant$1,494
Median for plans this size$1,114

Interpower Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,118 · 0.28%
Similar plansManufacturing · Iowa
Palmer Candy Company IA$8.8M · 0.42%
Weems Industries, Inc. IA$8.3M · 0.25%
Kooima Company, LLC IA$7.9M · 0.35%
Agrisolutions IA$7.6M · 0.49%
Sioux City Foundry Co IA$7.3M · 0.50%
Addoco, Inc. IA$7.2M · 0.53%
Behnke Enterprises, Inc. IA$7.1M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942321737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.