Plan Ledger DOL Form 5500 · updated monthly

Island Creek Associates, LLC401(k)

ISLAND CREEK ASSOCIATES 401(K) PROFIT SHARING PLAN AND TRUST · CALIFORNIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Island Creek Associates, LLC reported $43,497 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $5,208 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 fell from 0.89% to 0.72%. 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 Maryland (1,196th of 1,671), and 9,358th of 11,654 in professional & technical services. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has shrunk from 97 to 46 since 2022.

Plan summary
Net assets, end of year$6,105,991
Participants with balances98
Active participants46
Employer contributions$239,548
Employee contributions$557,245
Employer contribution per active participant$5,208
Average account balance$62,306
Benefits paid to participants$1,475,213
Plan auditUnmodified (clean) audit opinion
AuditorBENEFIT AUDIT GROUP LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 98 accts · $240K emplr
2023$6.0M · 159 accts · $264K emplr
2022$4.3M · 171 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,497
Total administrative$43,497
The Island Creek Associates, LLC 401(k) match · 2024
Employer contribution per active participant$5,208
Median for plans this size$1,313
2024$5,208 per active participant
2023$2,512 per active participant
2022$2,270 per active participant

Island Creek Associates, LLC'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$16,346
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$12,301

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

Recordkeeper by year2
2024ADP, John Hancock, UBS
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Island Creek Associates, LLC 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$43,497 · 0.72%
2023$34,568 · 0.67%
2022$42,694 · 0.89%
Similar plansProfessional & Technical Services · Maryland
Mpf Federal LLC MD$6.2M · 0.22%
Apisource, Inc. MD$6.2M · 0.29%
Blue Corona, Inc. MD$6.1M · 0.48%
Pm Consulting Group, LLC MD$6.1M · 1.25%
A&T Systems, Inc. MD$6.0M · 0.90%
Cloudbolt Software, Inc. MD$5.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264395234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.