Plan Ledger DOL Form 5500 · updated monthly

Clay Ingels Co., LLC401(k)

CLAY INGELS CO., LLC RETIREMENT SAVINGS PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Clay Ingels Co., LLC reported $20,804 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,649 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 0.06% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 378th-largest of 871 plans among Kentucky employers on file, and the 1,979th of 5,215 in retail trade. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 153 to 296 since 2022.

Plan summary
Net assets, end of year$14,324,017
Participants with balances307
Active participants296
Employer contributions$784,245
Employee contributions$1,041,469
Employer contribution per active participant$2,649
Average account balance$46,658
Benefits paid to participants$1,486,988
Plan auditUnmodified (clean) audit opinion
AuditorRFH , PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 307 accts · $784K emplr
2023$12.3M · 293 accts · $696K emplr
2022$13.3M · 172 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,404
Audit (IQPA)$7,400
Total administrative$20,804
The Clay Ingels Co., LLC 401(k) match · 2024
Employer contribution per active participant$2,649
Median for plans this size$2,416
2024$2,649 per active participant
2023$2,569 per active participant
2022$3,203 per active participant

Clay Ingels Co., LLC'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
RFH, PLLC$7,400
ASSUREDPARTNERS CAPITAL, INCindirect comp
FSM BENEFTIS,INC.-DBA BENEFITS PLUS · Other servicesindirect comp

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$20,804 · 0.16%
2023$13,215 · 0.10%
2022$8,185 · 0.06%
Same employer
Similar plansRetail Trade · Kentucky
Feeders Supply Company, LLC KY$15.8M · 0.65%
Bob Sumerel Tire Company KY$14.7M · 0.05%
Don Jacobs Imports, Inc. KY$14.6M · 0.71%
Dan Cummins, Inc. KY$14.3M · 0.68%
Ikeyless, LLC KY$13.6M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610506067 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.