Plan Ledger DOL Form 5500 · updated monthly

Industrial Refrigeration Pros, LLC401(k)

IR PROS, LLC 401(K) PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Industrial Refrigeration Pros, LLC reported $7,663 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,106 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 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,335th-largest of 5,688 plans among Texas employers on file, and the 6,822nd of 13,661 in manufacturing. In 2023, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,959,002
Participants with balances121
Active participants136
Employer contributions$150,378
Employee contributions$575,076
Employer contribution per active participant$1,106
Average account balance$131,893
Benefits paid to participants$1,618,188
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER SAVAS
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,431
Investment management$232
Total administrative$7,663
The Industrial Refrigeration Pros, LLC 401(k) match · 2023
Employer contribution per active participant$1,106
Median for plans this size$2,440

Industrial Refrigeration Pros, LLC's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$232

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

Administrative cost history1
2023$7,663 · 0.05%
Same employer
Similar plansManufacturing · Texas
Spitzer Industries, Inc. TX$16.3M · 0.57%
Tjl Industries Inc TX$16.1M · 0.33%
Danhil Containers II, LTD. TX$16.1M · 0.58%
Trussway Holdings, Inc. TX$16.0M · 0.16%
Seatrax, Inc. TX$15.8M · 0.25%
Apollo Endosurgery, Inc. TX$15.8M · 0.42%
Equibrand Corporation TX$15.6M · 0.62%
Lauren Concrete, Inc. TX$15.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871022874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.