Plan Ledger DOL Form 5500 · updated monthly

Iwm International, LLC401(k)

IWM INTERNATIONAL RETIREMENT SAVINGS PLAN · HANOVER, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Iwm International, LLC reported $8,608 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,338 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 0.080% to 0.075%. 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 among the smaller plans on file in Pennsylvania (2,138th of 3,651), and 8,120th of 13,661 in manufacturing. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 219 to 197 since 2022.

Plan summary
Net assets, end of year$11,691,414
Participants with balances162
Active participants197
Employer contributions$263,523
Employee contributions$671,657
Employer contribution per active participant$1,338
Average account balance$72,169
Benefits paid to participants$1,742,653
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 162 accts · $264K emplr
2023$11.2M · 165 accts · $253K emplr
2022$9.8M · 167 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$814
Trustee / custodial$7,794
Total administrative$8,608
The Iwm International, LLC 401(k) match · 2024
Employer contribution per active participant$1,338
Median for plans this size$2,416
2024$1,338 per active participant
2023$1,250 per active participant
2022$1,124 per active participant

Iwm International, 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$8,608

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,608 · 0.08%
2023$12,261 · 0.12%
2022$8,472 · 0.08%
Same employer
Similar plansManufacturing · Pennsylvania
Fabric Development, Inc. PA$11.8M · 0.41%
Preferred Proppants LLC PA$11.8M · 0.59%
Sugaright, LLC PA$11.7M · 0.47%
F.M. Brown's Sons, Inc. PA$11.5M · 0.47%
Abington Reldan Metals, LLC PA$11.4M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810733476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.