Plan Ledger DOL Form 5500 · updated monthly

Igloo Products Corp.401(k)

IGLOO PRODUCTS CORP. EMPLOYEES' 401(K) PLAN · KATY, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Igloo Products Corp. reported $107,498 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,435 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 0.21% to 0.25%. 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 1,131st-largest of 5,688 plans among Texas employers on file, and the 3,361st of 13,661 in manufacturing. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,704,114
Participants with balances588
Active participants872
Employer contributions$1,251,305
Employee contributions$2,784,386
Employer contribution per active participant$1,435
Average account balance$77,728
Benefits paid to participants$4,207,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.7M · 588 accts · $1.3M emplr
2023$40.1M · 597 accts · $1.1M emplr
2022$34.8M · 584 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,619
Investment management$15,479
Total administrative$107,498
The Igloo Products Corp. 401(k) match · 2024
Employer contribution per active participant$1,435
Median for plans this size$2,416
2024$1,435 per active participant
2023$1,436 per active participant
2022$319 per active participant

Igloo Products Corp.'s 2024 employer contribution ran below 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,619
PRIME CAPITAL INVESTMENT ADVISORS · Consulting$38,400
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$15,479

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$107,498 · 0.25%
2023$101,774 · 0.27%
2022$80,554 · 0.21%
Same employer
Similar plansManufacturing · Texas
Reddy Ice LLC TX$46.6M · 0.56%
Cfan Company TX$46.5M · 0.18%
Novaria Holdings TX$46.1M · 0.27%
Kps Global, LLC TX$45.3M · 0.30%
Nielsen & Bainbridge, LLC TX$44.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363474772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.