Plan Ledger DOL Form 5500 · updated monthly

Ashland Inc.401(k)

ASHLAND EMPLOYEE SAVINGS PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ashland Inc. reported $668,301 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $8,520 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 rose from 0.048% to 0.052%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 6th-largest of 242 plans among Delaware employers on file, and the 39th of 786 in management of companies. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,306,613,000
Participants with balances4,742
Active participants1,537
Employer contributions$13,095,081
Employee contributions$16,399,009
Employer contribution per active participant$8,520
Average account balance$275,540
Benefits paid to participants$172,976,671
Plan auditUnmodified (clean) audit opinion
AuditorBLUE AND COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 4,742 accts · $13.1M emplr
2023$1.3B · 5,254 accts · $13.3M emplr
2022$1.2B · 5,614 accts · $15.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$171,995
Investment management$94,284
Total administrative$668,301
The Ashland Inc. 401(k) match · 2024
Employer contribution per active participant$8,520
Median for plans this size$5,259
2024$8,520 per active participant
2023$9,448 per active participant
2022$9,347 per active participant

Ashland Inc.'s 2024 employer contribution ran above the $5,259 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$172,605
FIDUCIENT ADVISORS · Investment advisory (plan)$89,176
THOMPSON HINE · Legal$42,695
PIMCO · Other services$8,374
NEWPORT GROUP · Investment management$5,108

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$668,301 · 0.05%
2023$1,097,230 · 0.09%
2022$655,734 · 0.05%
All plans at this employer2
ASHLAND EMPLOYEE SAVINGS PLAN401(k)
ASHLAND UNION EMPLOYEE SAVINGS PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 812587835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.