Plan Ledger DOL Form 5500 · updated monthly

Ironmark, Inc.401(k)

IRONMARK, INC. 401(K) PLAN · ANNAPOLIS JUNCTION, MD · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Ironmark, Inc. reported $13,159 in plan administrative expenses for 2022: 0.26% 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,307th of 1,671), and 11,388th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,648,716
Participants with balances83
Active participants130
Employer contributions$0
Employee contributions$447,373
Employer contribution per active participant$0
Average account balance$56,009
Benefits paid to participants$621,220
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,159
Total administrative$13,159
The Ironmark, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Ironmark, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,159 · 0.26%
Same employer
Similar plansManufacturing · Maryland
Bindagraphics, Inc. MD$5.5M · 0.03%
C-Care Company, LLC MD$5.4M · 0.44%
Km Printing LLC MD$5.1M · 1.14%
On Demand Pharmaceuticals MD$4.6M · 0.69%
Vytex Corporation MD$4.5M · 0.74%
Classic Brands, LLC MD$4.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520900708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.