Plan Ledger DOL Form 5500 · updated monthly

Iqe, Inc.401(k)

IQE USA 401(K) PLAN · BETHLEHEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Iqe, Inc. reported $122,907 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,875 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 0.28% to 0.31%. 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 948th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,640th of 13,661 in manufacturing. In 2024, employees put in $3.49 for every $1.00 the employer contributed; active participation has shrunk from 225 to 132 since 2022.

Plan summary
Net assets, end of year$40,575,106
Participants with balances210
Active participants132
Employer contributions$379,514
Employee contributions$1,325,104
Employer contribution per active participant$2,875
Average account balance$193,215
Benefits paid to participants$6,328,852
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA, DEARMAS, TRUJILLO & ALVARE
Plan history3
Yearassets · accounts · employer contribution
2024$40.6M · 210 accts · $380K emplr
2023$39.9M · 244 accts · $475K emplr
2022$38.7M · 271 accts · $521K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,075
Investment management$83,832
Total administrative$122,907
The Iqe, Inc. 401(k) match · 2024
Employer contribution per active participant$2,875
Median for plans this size$2,416
2024$2,875 per active participant
2023$3,005 per active participant
2022$2,317 per active participant

Iqe, Inc.'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
RAYMOND JAMES · Investment advisory (plan)$79,171
EMPOWER ADVISORY GROUP, LLC · Investment management$4,662

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$122,907 · 0.31%
2023$116,797 · 0.30%
2022$121,833 · 0.28%
Same employer
Similar plansManufacturing · Pennsylvania
Hanover Foods Corporation PA$41.3M · 0.37%
M&Q Packaging LLC PA$41.2M · 0.30%
Adhesives Research, Inc. PA$41.1M · 0.01%
Harrington Hoists, Inc. PA$41.1M · 0.27%
Solesis, LLC PA$40.4M · 0.16%
Delphinus Engineering, Inc. PA$39.9M · 0.01%
Lafrance Corporation PA$39.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232566613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.