Plan Ledger DOL Form 5500 · updated monthly

Inw Manufacturing, LLC401(k)

INW MANUFACTURING 401(K) PLAN · FARMINGTON, UT · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Inw Manufacturing, LLC reported $108,012 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,475 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 0.24% to 0.35%. 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 205th-largest of 848 plans among Utah employers on file, and the 4,139th of 13,661 in manufacturing. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,748,911
Participants with balances1,144
Active participants1,515
Employer contributions$2,234,969
Employee contributions$3,792,924
Employer contribution per active participant$1,475
Average account balance$29,501
Benefits paid to participants$3,594,800
Plan auditUnmodified (clean) audit opinion
AuditorHBME, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 1,144 accts · $2.2M emplr
2023$27.5M · 1,089 accts · $2.0M emplr
2022$15.5M · 892 accts · $870K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,291
Investment management$43,721
Total administrative$108,012
The Inw Manufacturing, LLC 401(k) match · 2024
Employer contribution per active participant$1,475
Median for plans this size$2,416
2024$1,475 per active participant
2023$1,403 per active participant
2022$628 per active participant

Inw Manufacturing, LLC'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$64,291
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$38,614
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,107

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$108,012 · 0.35%
2023$80,951 · 0.38%
2022$22,845 · 0.24%
Same employer
Similar plansManufacturing · Utah
Packsize LLC UT$37.6M · 0.32%
Petersen, Inc. UT$37.4M · 0.51%
Traeger Pellet Grills, LLC UT$37.2M · 0.41%
Rhodes International, Inc. UT$33.1M · 0.28%
Clarus Corporation UT$28.1M · 0.10%
Moxtek, Inc. UT$27.0M · 0.20%
Jain America Holdings, Inc. UT$26.7M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464276771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.