Plan Ledger DOL Form 5500 · updated monthly

Ipc Management Inc401(k)

IPC MANAGEMENT INC. 401(K) PLAN · HARMONY, PA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Ipc Management Inc reported $53,472 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $7,239 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 0.70% to 0.80%. 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 Pennsylvania (2,601st of 3,651), and 8,913th of 11,654 in professional & technical services. In 2024, the employer put in $2.81 for every $1.00 employees contributed themselves; active participation has grown from 94 to 111 since 2022.

Plan summary
Net assets, end of year$7,375,720
Participants with balances136
Active participants111
Employer contributions$803,509
Employee contributions$286,384
Employer contribution per active participant$7,239
Average account balance$54,233
Benefits paid to participants$529,415
Plan auditUnmodified (clean) audit opinion
AuditorHOLSINGER
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 136 accts · $804K emplr
2023$6.0M · 125 accts · $653K emplr
2022$4.8M · 115 accts · $559K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,472
Total administrative$53,472
The Ipc Management Inc 401(k) match · 2024
Employer contribution per active participant$7,239
Median for plans this size$1,313
2024$7,239 per active participant
2023$6,342 per active participant
2022$5,949 per active participant

Ipc Management Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$23,524
EMPOWER ADVISORY GROUP, LLC · Investment management$5,860
METRO BENEFITS, INC. · Contract administrator$2,800

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$53,472 · 0.80%
2023$43,586 · 0.81%
2022$35,672 · 0.70%
Similar plansProfessional & Technical Services · Pennsylvania
Havpak, Inc. PA$7.7M · 0.74%
C. S. Davidson, Inc. PA$7.2M · 0.08%
Alliance Pharma, Inc. PA$7.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251824291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.