Plan Ledger DOL Form 5500 · updated monthly

Intricon Inc.401(k)

INTRICON 401(K) EMPLOYEE SAVINGS PLAN · ARDEN HILLS, MN · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Intricon Inc. reported $69,739 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,958 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 0.08% to 0.19%. 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 599th-largest of 1,918 plans among Minnesota employers on file, and the 3,877th of 13,661 in manufacturing. In 2024, employees put in $3.59 for every $1.00 the employer contributed; active participation has shrunk from 442 to 397 since 2022.

Plan summary
Net assets, end of year$37,195,654
Participants with balances488
Active participants397
Employer contributions$777,492
Employee contributions$2,791,699
Employer contribution per active participant$1,958
Average account balance$76,221
Benefits paid to participants$7,529,692
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 488 accts · $777K emplr
2023$35.9M · 520 accts · $811K emplr
2022$34.3M · 527 accts · $790K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,239
Investment management$37,500
Total administrative$69,739
The Intricon Inc. 401(k) match · 2024
Employer contribution per active participant$1,958
Median for plans this size$2,416
2024$1,958 per active participant
2023$1,869 per active participant
2022$1,788 per active participant

Intricon Inc.'s 2024 employer contribution ran below 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
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$37,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,239

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$69,739 · 0.19%
2023$63,436 · 0.18%
2022$29,429 · 0.08%
Same employer
Similar plansManufacturing · Minnesota
Process Displays, LLC MN$39.2M · 0.63%
Anagram International, LLC MN$38.8M · 0.07%
Le Sueur, Incorporated MN$37.2M · 0.18%
Micro Control Company MN$36.0M · 0.22%
Park Industries, Inc. MN$35.5M · 0.40%
Edco Products, Incorporated MN$34.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411305251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.