Plan Ledger DOL Form 5500 · updated monthly

Ingenia Polymers, Inc.401(k)

INGENIA POLYMERS, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Ingenia Polymers, Inc. reported $43,537 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $2,539 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 0.39% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (2,920th of 5,688), and 8,341st of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 177 to 227 since 2022.

Plan summary
Net assets, end of year$11,056,026
Participants with balances258
Active participants227
Employer contributions$576,377
Employee contributions$1,211,845
Employer contribution per active participant$2,539
Average account balance$42,853
Benefits paid to participants$839,941
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 258 accts · $576K emplr
2023$8.9M · 234 accts · $515K emplr
2022$6.9M · 209 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,593
Investment management$33,194
Audit (IQPA)$4,750
Total administrative$43,537
The Ingenia Polymers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,539
Median for plans this size$1,313
2024$2,539 per active participant
2023$2,588 per active participant
2022$2,528 per active participant

Ingenia Polymers, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Pension consulting$50,057
LPL FINANCIAL · Recordkeeping · Pension consulting$16,331
ADP, INC. · Recordkeeping$5,592
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, LPL Financial, Raymond James
2023ADP, Raymond James

This plan has changed recordkeepers within these filings. If you left Ingenia Polymers, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,537 · 0.44%
2023$34,351 · 0.44%
2022$27,898 · 0.39%
Similar plansManufacturing · Texas
Merichem Technologies, LLC TX$11.2M · 0.13%
Seatex LLC TX$10.7M · 0.03%
Jcm Industries, Inc. TX$10.7M · 0.28%
Wire Mesh Texas LLC TX$10.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731443650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.