Plan Ledger DOL Form 5500 · updated monthly

Ionex Research Corporation401(k)

IONEX RESEARCH CORPORATION 401(K) PROFIT SHARING PLAN & TRUST · LAFAYETTE, CO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Ionex Research Corporation reported $8,817 in plan administrative expenses for 2024: 0.50% 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (1,281st of 1,461), and 10,916th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,916,212
Participants with balances126
Active participants87
Employer contributions$0
Employee contributions$398,570
Employer contribution per active participant$0
Average account balance$15,208
Benefits paid to participants$403,954
Plan auditQualified audit opinion
AuditorOLSON, REYES AND SAUERWEIN, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,743
Investment management$74
Total administrative$8,817
The Ionex Research Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Ionex Research Corporation's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PAYCHEX, INC. · Recordkeeping$8,785

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$8,817 · 0.50%
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Havenly, Inc. CO$1.9M · 0.21%
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Breeze Thru Car Wash LLC CO$1.6M · 1.90%
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Source: U.S. Department of Labor, Form 5500 series, EIN 840761939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.