Plan Ledger DOL Form 5500 · updated monthly

Intra Corporation401(k)

INTRA CORPORATION 401(K) SAVINGS PLAN · WESTLAND, MI · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Intra Corporation reported $43,785 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.22% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,059th-largest of 2,619 plans among Michigan employers on file, and the 6,051st of 13,661 in manufacturing. In 2023, employees put in $125505.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,421,657
Participants with balances179
Active participants172
Employer contributions$9
Employee contributions$1,129,553
Employer contribution per active participant$0
Average account balance$108,501
Benefits paid to participants$2,622,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 177 accts
2023$19.4M · 179 accts · $9 emplr
2022$17.7M · 175 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,125
Investment management$36,660
Total administrative$43,785
The Intra Corporation 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Intra Corporation's 2023 employer contribution ran below the $2,440 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 · 20232
LPL FINANCIAL LLC · Investment advisory (plan)$32,360
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,125

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$44,333 · 0.23%
2023$43,785 · 0.24%
2022$45,087 · 0.22%
Same employer
Similar plansManufacturing · Michigan
Espec North America, Inc. MI$19.7M · 0.45%
Michigan Turkey Producers MI$19.7M · 0.60%
Corium Innovations, Inc. MI$19.0M · 0.19%
Wall Colmonoy Corporation MI$19.0M · 0.54%
Peterson Farms, Inc. MI$18.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382154720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.