Plan Ledger DOL Form 5500 · updated monthly

Ios Employment, LLC401(k)

IOS EMPLOYMENT, LLC 401(K) PLAN · OLATHE, KS · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Ios Employment, LLC reported $5,481 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,984 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 0.37% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kansas (678th of 828), and 11,653rd of 13,661 in manufacturing. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 101 to 224 since 2022.

Plan summary
Net assets, end of year$4,174,542
Participants with balances190
Active participants224
Employer contributions$444,420
Employee contributions$628,290
Employer contribution per active participant$1,984
Average account balance$21,971
Benefits paid to participants$465,201
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP, INC
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 190 accts · $444K emplr
2023$2.9M · 127 accts · $344K emplr
2022$1.9M · 128 accts · $273K emplr
The Ios Employment, LLC 401(k) match · 2024
Employer contribution per active participant$1,984
Median for plans this size$1,313
2024$1,984 per active participant
2023$2,963 per active participant
2022$2,705 per active participant

Ios Employment, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
WAVERLY ADVISORS, LLC · Pension consulting · Investment advisory (participants)$5,481

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$5,481 · 0.16%
2023$6,888 · 0.29%
2022$6,743 · 0.37%
Similar plansManufacturing · Kansas
Kmw LTD. KS$4.6M · 0.25%
Kraft Tool Co. KS$4.5M · 0.55%
Wescon Plastics LLC KS$4.3M · 0.26%
Empire Candle Co., LLC KS$3.8M · 1.46%
Applequist Mfg., Inc. KS$3.3M · 0.59%
Gerken Rent-All, Inc. KS$3.1M · 1.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851819677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.