Plan Ledger DOL Form 5500 · updated monthly

Intrepid Control Systems, Inc.401(k)

INTREPID CONTROL SYSTEMS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Intrepid Control Systems, Inc. reported $28,766 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,163 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 fell from 0.58% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,348th of 2,619), and 7,086th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,026,055
Participants with balances139
Active participants118
Employer contributions$491,233
Employee contributions$1,009,012
Employer contribution per active participant$4,163
Average account balance$93,713
Benefits paid to participants$775,121
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 139 accts · $491K emplr
2023$10.6M · 131 accts · $480K emplr
2022$8.1M · 131 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,276
Investment management$18,490
Total administrative$28,766
The Intrepid Control Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$4,163
Median for plans this size$2,416
2024$4,163 per active participant
2023$4,322 per active participant
2022$3,719 per active participant

Intrepid Control Systems, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$17,965
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,276

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$28,766 · 0.24%
2023$89,097 · 0.95%
2022$46,985 · 0.58%
Same employer
Similar plansProfessional & Technical Services · Michigan
Orlans P.C. MI$13.7M · 0.59%
Mms Holdings Inc MI$13.7M · 0.30%
Automated Media, Inc. MI$13.4M · 0.41%
Continental Management, LLC MI$13.1M · 0.85%
Munro & Associates, Inc. MI$13.0M · 0.38%
V2SOFT, Inc. MI$12.7M · 0.03%
Applus MI$12.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383315407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.