Plan Ledger DOL Form 5500 · updated monthly

Iso Poly Films, Inc.401(k)

ISO POLY FILMS, INC. 401(K) RETIREMENT PLAN · POMPANO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Iso Poly Films, Inc. reported $108,137 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,012 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 0.48%. 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 986th-largest of 3,644 plans among Florida employers on file, and the 5,296th of 13,661 in manufacturing. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 757 to 657 since 2022.

Plan summary
Net assets, end of year$23,826,473
Participants with balances731
Active participants657
Employer contributions$665,138
Employee contributions$1,519,867
Employer contribution per active participant$1,012
Average account balance$32,594
Benefits paid to participants$1,556,950
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 731 accts · $665K emplr
2023$21.2M · 455 accts · $497K emplr
2022$18.0M · 466 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,137
Total administrative$108,137
The Iso Poly Films, Inc. 401(k) match · 2024
Employer contribution per active participant$1,012
Median for plans this size$2,416
2024$1,012 per active participant
2023$658 per active participant
2022$639 per active participant

Iso Poly Films, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$108,137
MERRILL LYNCH · Pension consulting · Investment advisory (plan)indirect comp

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$108,137 · 0.48%
2023$94,787 · 0.48%
2022$99,743 · 0.49%
Similar plansManufacturing · Florida
Vigo Importing Company FL$24.0M · 1.19%
Somero Enterprises Inc FL$24.0M · 0.03%
Jl Audio, Inc. FL$23.9M · 0.46%
Aero Precision Holdings LP FL$23.9M · 0.34%
Just Play, LLC FL$23.7M · 0.16%
Gencor Industries, Inc. FL$23.3M · 0.04%
J.C. Newman Cigar Company FL$23.3M · 0.59%
Orthomerica Products, Inc. FL$23.1M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582302560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.