Plan Ledger DOL Form 5500 · updated monthly

Interstate Foam & Supply, Inc.401(k)

INTERSTATE FOAM & SUPPLY RET SAVINGS PLAN · CONOVER, NC · plan year 2023

Reported admin expense ratio · 2023
0.68%

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

Interstate Foam & Supply, Inc. reported $48,620 in plan administrative expenses for 2023: 0.68% of average plan assets, above the peer median. Employer contributions averaged $606 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 1 year on file its reported administrative ratio fell from 0.78% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,238th of 2,005), and 9,674th of 13,661 in manufacturing. In 2023, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,017,691
Participants with balances228
Active participants447
Employer contributions$270,937
Employee contributions$473,333
Employer contribution per active participant$606
Average account balance$35,165
Benefits paid to participants$630,983
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.0M · 228 accts · $271K emplr
2022$6.3M · 328 accts · $375K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$48,620
Total administrative$48,620
The Interstate Foam & Supply, Inc. 401(k) match · 2023
Employer contribution per active participant$606
Median for plans this size$1,308
2023$606 per active participant
2022$798 per active participant

Interstate Foam & Supply, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ASCENSUS LLC · Recordkeeping$48,620

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

Administrative cost history2
2023$48,620 · 0.68%
2022$45,077 · 0.78%
Same employer
Similar plansManufacturing · North Carolina
Prince Group, Inc. NC$8.1M · 0.53%
Sbm Life Science Corp. NC$8.0M · 0.52%
Best Diamond Packaging NC$7.8M · 0.41%
Dill Air Products LLC NC$7.6M · 0.63%
Spinrite Services Inc NC$7.6M · 0.69%
Saertex USA, LLC NC$7.6M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561313514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.