Plan Ledger DOL Form 5500 · updated monthly

Iwm Acquisition Corp.401(k)

IDEAL WINDOW MANUFACTURING RETIREMENT PLAN · BAYONNE, NJ · plan year 2022

Reported admin expense ratio · 2022
0.85%

Iwm Acquisition Corp. reported $39,279 in plan administrative expenses for 2022: 0.85% of average plan assets, higher than ~75% of peers. 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 0.85% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,960th of 2,419), and 11,695th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,074,848
Participants with balances109
Active participants142
Employer contributions—
Employee contributions$197,071
Employer contribution per active participant—
Average account balance$37,384
Benefits paid to participants$523,818
Plan auditUnmodified (clean) audit opinion
AuditorROSENBERG RICH BAKER BERMAN
Plan history2
Yearassets · accounts · employer contribution
2023$551K · 42 accts · $2K emplr
2022$4.1M · 109 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,679
Investment management$8,343
Professional / advisory$6,257
Total administrative$39,279
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$16,514 · 0.71%
2022$39,279 · 0.85%
Same employer
Similar plansManufacturing · New Jersey
Innovation Labs Inc. NJ$4.4M · 1.05%
Kalustyan Corp NJ$4.1M · 0.52%
Shock Tech, Inc. NJ$4.0M · 0.07%
The Fillo Factory Inc NJ$3.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463445898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.