Plan Ledger DOL Form 5500 · updated monthly

Chemsolv, Inc.401(k)

IPG 401(K) PROFIT SHARING PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Chemsolv, Inc. reported $54,920 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,813 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,300th of 2,266), and the 1,419th of 3,341 in other services. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,806,284
Participants with balances155
Active participants144
Employer contributions$405,097
Employee contributions$766,236
Employer contribution per active participant$2,813
Average account balance$82,621
Benefits paid to participants$3,159,236
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,592
Investment management$26,616
Trustee / custodial$3,712
Total administrative$54,920
The Chemsolv, Inc. 401(k) match · 2024
Employer contribution per active participant$2,813
Median for plans this size$2,416

Chemsolv, 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 · 20242
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$24,592
SENTINEL PENSION ADVISORS · Investment advisory (participants) · Investment advisory (plan)$26,616

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

Administrative cost history1
2024$54,920 · 0.42%
Same employer
Similar plansOther Services · Virginia
Reston Association VA$14.5M · 0.20%
Mohenis Services, Inc. VA$12.7M · 0.92%
Retail Data, LLC VA$11.7M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541122488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.