Plan Ledger DOL Form 5500 · updated monthly

Iron Pony Motorsports Inc401(k)

IRON PONY MOTORSPORTS INC 401(K) PROFIT SHARING PLAN & TRUST · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Iron Pony Motorsports Inc reported $40,902 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $1,659 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 3 years on file its reported administrative ratio has held roughly steady near 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,482nd of 3,295), and 2,231st of 3,341 in other services. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 129 to 144 since 2022.

Plan summary
Net assets, end of year$5,440,296
Participants with balances190
Active participants144
Employer contributions$238,855
Employee contributions$406,437
Employer contribution per active participant$1,659
Average account balance$28,633
Benefits paid to participants$276,146
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 190 accts · $239K emplr
2023$4.5M · 160 accts · $228K emplr
2022$3.6M · 168 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,654
Investment management$25,388
Trustee / custodial$860
Total administrative$40,902
The Iron Pony Motorsports Inc 401(k) match · 2024
Employer contribution per active participant$1,659
Median for plans this size$1,313
2024$1,659 per active participant
2023$1,637 per active participant
2022$1,547 per active participant

Iron Pony Motorsports Inc'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 · 20243
PAYCHEX, INC. · Recordkeeping$14,913
EGSI INVESTMENT MANAGEMENT INC · Investment advisory (participants)$19,913
FI401K ADVISORS LLC · Investment advisory (participants)$5,476

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

Recordkeeper by year2
2024Paychex
2023EGSI INVESTMENT MANAGEMENT INC, Paychex

This plan has changed recordkeepers within these filings. If you left Iron Pony Motorsports Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,902 · 0.82%
2023$34,495 · 0.85%
2022$30,688 · 0.83%
Similar plansOther Services · Ohio
Stepowoy Enterprises, LLC OH$5.4M · 0.88%
Bridgeway Academy OH$5.2M · 0.69%
Cip International Inc OH$5.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310882500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.