Plan Ledger DOL Form 5500 · updated monthly

Inx International Coatings and Adhesives Co401(k)

INX INTERNATIONAL COATING AND ADHESIVES CO. PROFIT SHARING - 401(K) PLAN · LELAND, NC · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Inx International Coatings and Adhesives Co reported $86,477 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,522 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.

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 868th-largest of 2,005 plans among North Carolina employers on file, and 7,030th of 13,661 in manufacturing. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,236,637
Participants with balances149
Active participants134
Employer contributions$337,920
Employee contributions$957,193
Employer contribution per active participant$2,522
Average account balance$102,259
Benefits paid to participants$3,221,329
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,275
Investment management$36,202
Total administrative$86,477
The Inx International Coatings and Adhesives Co 401(k) match · 2024
Employer contribution per active participant$2,522
Median for plans this size$2,416

Inx International Coatings and Adhesives Co's 2024 employer contribution ran above 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
ASCENSUS LLC · Loan processing · Recordkeeping$50,275
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$31,386
NEXTCAPITAL GROUP, INC.$4,816

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

Administrative cost history1
2024$86,477 · 0.57%
Same employer
Similar plansManufacturing · North Carolina
Mallard Creek Polymers, LLC NC$16.0M · 0.29%
Exela Pharma Sciences, LLC NC$15.8M · 0.31%
Cgr Products Inc. NC$15.3M · 0.34%
Barrday Corp. NC$15.2M · 0.02%
American Truetzschler, Inc. NC$15.0M · 0.27%
Wright of Thomasville, Inc. NC$14.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 994544690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.