Plan Ledger DOL Form 5500 · updated monthly

Ise America, Inc.401(k)

ISE AMERICA, INC. & SUBSIDIARIES 401(K) PLAN · GALENA, MD · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Ise America, Inc. reported $38,043 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $194 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 1 year on file its reported administrative ratio fell from 0.59% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Maryland (1,124th of 1,671), and 544th of 945 in agriculture, forestry & fishing. In 2023, employees put in $11.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,402,698
Participants with balances353
Active participants269
Employer contributions$52,230
Employee contributions$623,784
Employer contribution per active participant$194
Average account balance$20,971
Benefits paid to participants$1,296,209
Plan auditUnmodified (clean) audit opinion
AuditorCLA (CLIFTONLARSONALLEN LLP)
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $26K emplr
2023$7.4M · 353 accts · $52K emplr
2022$7.1M · 358 accts · $54K emplr
Administrative expenses, itemized · 2023
Investment management$38,043
Total administrative$38,043
The Ise America, Inc. 401(k) match · 2023
Employer contribution per active participant$194
Median for plans this size$1,308
2023$194 per active participant
2022$207 per active participant

Ise America, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
RETIREMENT WEALTH MANAGEMENT LLC · Investment advisory (plan)$38,043

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

Administrative cost history3
2024Not separately reported
2023$38,043 · 0.52%
2022$47,507 · 0.59%
Similar plansAgriculture, Forestry & Fishing · Maryland
Perdue Farms Inc MD$708.4M · 0.09%
Defense Contracting, Inc. MD$11.7M · 0.22%
Altimate Electric, Inc. MD$9.5M · 0.63%
Homestead Gardens, Inc. MD$3.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133055832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.