Employers › Insteel Industries
Recordkeeping fees per participant · Insteel Industries, Inc Retirement Savings Plan · plan year 2024
$88.90
Higher than 66% of the 5,847 plans $50 to 250M that report it.
= $93,167 / 1,048
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260403122738NAL0004824675001, received 2026-04-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260403122738NAL0004824675001, received 2026-04-03
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-10-01 to 2025-09-30, filing received 2026-04-03.
Administrative expenses excluding investment management, per participant
$91.26
Higher than 48% of the 8,758 plans $50 to 250M that report it.
= $95,641 / 1,048
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260403122738NAL0004824675001, received 2026-04-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260403122738NAL0004824675001, received 2026-04-03
Administrative expenses per participant
$91.26
Higher than 32% of the 9,042 plans $50 to 250M that report it.
= $95,641 / 1,048
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260403122738NAL0004824675001, received 2026-04-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260403122738NAL0004824675001, received 2026-04-03
Administrative expenses as a share of assets
0.124%
Higher than 46% of the 9,049 plans $50 to 250M that report it.
= $95,641 / $76,842,384
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260403122738NAL0004824675001, received 2026-04-03
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260403122738NAL0004824675001, received 2026-04-03
Employer contributions per participant
$1,884
Higher than 30% of the 9,105 plans $50 to 250M that report it.
= $1,974,447 / 1,048
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260403122738NAL0004824675001, received 2026-04-03
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260403122738NAL0004824675001, received 2026-04-03
Employer share of total contributions
30.5%
Higher than 53% of the 9,112 plans $50 to 250M that report it.
= $1,974,447 / $6,477,146
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260403122738NAL0004824675001, received 2026-04-03
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260403122738NAL0004824675001, received 2026-04-03
Employer match
“We match employee contributions up to 100% of the first 1% and 50% of the next 5% of eligible compensation that is contributed by employees.”
Form 10-K filed 2025-10-23, for the year ended 2025-09-27 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-09-27. Figures cover plan year 2024. The plan document governs.
2T default investment (QDIA) · 2J 401(k) feature · 2R participant brokerage window · 2S pre-approved plan document · 2G fully participant-directed · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260403122738NAL0004824675001, received 2026-04-03
| Field | Value | Source |
|---|---|---|
| Plan sponsor | INSTEEL INDUSTRIES , INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Plan name | INSTEEL INDUSTRIES, INC RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Sponsor EIN / plan number | 56-0674867 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Sponsor location | MOUNT AIRY, NC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Industry (business code) | 332610, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Plan year | 2024-10-01 to 2025-09-30 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Filing received | 2026-04-03 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Participants, beginning of year | 973 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Active participants | 891 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Participants, end of year | 1,078 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Participants with an account balance | 1,048 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Total assets, beginning of year | $68,430,385 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Total assets, end of year | $76,842,384 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Net assets, end of year | $76,842,384 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Total income | $16,047,875 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Net income | $8,411,999 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Employer contributions | $1,974,447 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Participant contributions | $4,244,887 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Other contributions (incl. rollovers) | $257,812 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Total contributions | $6,477,146 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Benefit payments | $7,540,235 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Total expenses (incl. benefit payments) | $7,635,876 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Total administrative expenses | $95,641 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Recordkeeping fees | $93,167 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Administrative expenses excluding investment management | $95,641 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Held in common/collective trusts | $9,604,243 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Held in mutual funds | $58,123,660 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20260403122738NAL0004824675001, received 2026-04-03 |
| Independent auditor | SMITH LEONARD PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20260403122738NAL0004824675001, received 2026-04-03 |
Position = column in the DOL layout for form year 2024. Filing 20260403122738NAL0004824675001, received 2026-04-03.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES LLCrecordkeeper | PLAN ADMINISTRATOR | 19 Custodial (securities); 71 Securities brokerage commissions and fees; 13 Contract administrator; 15 Recordkeeping and information management; 64 Recordkeeping fees; 37 Participant loan processing; 38 Participant communication; 52 Investment management fees paid indirectly by plan; 72 Other investment fees and expenses | $95,641 | no |
| MATRIX TRUST COMPANY N.A. | TRUSTEE | 25 Trustee (directed); 21 Trustee (bank, trust company or similar); 59 Shareholder servicing fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20260403122738NAL0004824675001, received 2026-04-03.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $68,430,385 | $76,842,384 | 12.3% |
| Participants with a balance | 954 | 1,048 | 9.9% |
| Administrative expenses | $92,941 | $95,641 | 2.9% |
| Recordkeeping fees per participant | $95.36 | $88.90 | -6.8% |
| Employer contributions | $1,674,344 | $1,974,447 | 17.9% |
Prior filing 20250203132403NAL0011505248001, received 2025-02-03; the plan years are contiguous.
Sponsor name as filed: INSTEEL INDUSTRIES , INC; SEC registrant: INSTEEL INDUSTRIES INC (CIK 764401, matched by EIN; display name from the Form 10-K cover).