Plan Ledger DOL Form 5500 · updated monthly

Phd, Inc.401(k)

INTERNATIONAL AUTOMATION, INC. EMPLOYEES PROFIT SHARING PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Phd, Inc. reported $62,397 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,627 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 0.43% to 0.15%. 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 335th-largest of 1,562 plans among Indiana employers on file, and the 3,583rd of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,663,834
Participants with balances258
Active participants209
Employer contributions$758,085
Employee contributions$1,609,399
Employer contribution per active participant$3,627
Average account balance$161,488
Benefits paid to participants$4,717,378
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER
Plan history3
Yearassets · accounts · employer contribution
2024$41.7M · 258 accts · $758K emplr
2023$38.9M · 267 accts · $763K emplr
2022$36.5M · 273 accts · $748K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,059
Investment management$18,838
Total administrative$62,397
The Phd, Inc. 401(k) match · 2024
Employer contribution per active participant$3,627
Median for plans this size$2,416
2024$3,627 per active participant
2023$3,482 per active participant
2022$3,353 per active participant

Phd, Inc.'s 2024 employer contribution ran above 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 · 20244
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$16,681
BADEN GAGE & SCHROEDER, LLC$10,500
EMPOWER ADVISORY GROUP, LLC · Investment management$2,157

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$62,397 · 0.15%
2023$103,778 · 0.28%
2022$175,563 · 0.43%
Same employer
Similar plansManufacturing · Indiana
Conn-Selmer, Inc. IN$43.3M · 0.41%
Morgan Foods, Inc. IN$42.2M · 0.23%
Ilpea Industries, Inc. IN$41.7M · 0.29%
Farbest Foods, Inc. IN$40.6M · 0.32%
Muncie Power Products Inc. IN$39.3M · 0.26%
Gecom Corporation IN$37.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351000183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.