Plan Ledger DOL Form 5500 · updated monthly

Ivc-Usa, Inc.401(k)

IVC-USA, INC. EMPLOYEES PROFIT SHARING AND SAVINGS PLAN · JACKSON CENTER, PA · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Ivc-Usa, Inc. reported $16,111 in plan administrative expenses for 2023: 0.37% of average plan assets, below the peer median. Employer contributions averaged $306 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 fell from 0.42% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,950th of 3,651), and 11,479th of 13,661 in manufacturing. In 2023, employees put in $4.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,482,709
Participants with balances150
Active participants140
Employer contributions$42,774
Employee contributions$198,872
Employer contribution per active participant$306
Average account balance$29,885
Benefits paid to participants$629,252
Plan auditUnmodified (clean) audit opinion
AuditorCREEDLE, JONES AND ASSOCIATES, PC
Plan history4
Yearassets · accounts · employer contribution
2025$4.1M · 60 accts · $25K emplr
2024$4.3M · 118 accts · $32K emplr
2023$4.5M · 150 accts · $43K emplr
2022$4.2M · 163 accts · $51K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,937
Investment management$174
Total administrative$16,111
The Ivc-Usa, Inc. 401(k) match · 2023
Employer contribution per active participant$306
Median for plans this size$1,308
2025$984 per active participant
2024$310 per active participant
2023$306 per active participant
2022$380 per active participant

Ivc-Usa, 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 · 20233
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$990
SECURIAN FINANCIAL SERVICES · Investment advisory (plan)$13,362
SENTRY LIFE INSURANCE COMPANY · Loan processing$1,585

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

Administrative cost history4
2025$3,732 · 0.09%
2024$4,658 · 0.11%
2023$16,111 · 0.37%
2022$19,388 · 0.42%
Similar plansManufacturing · Pennsylvania
Donald B. Remmey, Inc. PA$4.5M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382206972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.