Plan Ledger DOL Form 5500 · updated monthly

Itr America, LLC401(k)

ITR AMERICA, LLC PROFIT SHARING 401(K) PLAN · HOBART, IN · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Itr America, LLC reported $54,948 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,038 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 0.36%. 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 693rd-largest of 1,562 plans among Indiana employers on file, and 6,872nd of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has shrunk from 259 to 223 since 2022.

Plan summary
Net assets, end of year$15,778,203
Participants with balances244
Active participants223
Employer contributions$454,513
Employee contributions$925,687
Employer contribution per active participant$2,038
Average account balance$64,665
Benefits paid to participants$2,337,770
Plan auditUnmodified (clean) audit opinion
AuditorHORNE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 244 accts · $455K emplr
2023$14.9M · 274 accts · $477K emplr
2022$12.8M · 283 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,948
Total administrative$54,948
The Itr America, LLC 401(k) match · 2024
Employer contribution per active participant$2,038
Median for plans this size$2,416
2024$2,038 per active participant
2023$1,941 per active participant
2022$1,761 per active participant

Itr America, LLC's 2024 employer contribution ran below the $2,416 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
LPL FINANCIAL · Investment advisory (plan)$37,088
T. E. LOTT AND COMPANY, P.A. · Contract administrator$3,300

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$54,948 · 0.36%
2023$47,148 · 0.34%
2022$47,030 · 0.34%
Same employer
Similar plansManufacturing · Indiana
Radian Research, Inc. IN$16.5M · 0.01%
Pine Manor, Inc. IN$16.1M · 0.77%
Vanair Manufacturing, Inc. IN$15.9M · 0.14%
Master Spas, LLC IN$15.6M · 0.19%
Genesis Products, LLC IN$15.5M · 0.82%
Hadady, LLC IN$15.4M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262457852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.