Plan Ledger DOL Form 5500 · updated monthly

Ingevity Corporation Retirement Savings Plan401(k)

INGEVITY CORPORATION · NORTH CHARLESTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ingevity Corporation Retirement Savings Plan reported $416,355 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,824 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 0.12% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 26th-largest of 807 plans among South Carolina employers on file, and the 839th of 13,661 in manufacturing. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has shrunk from 1,614 to 1,176 since 2022.

Plan summary
Net assets, end of year$306,470,666
Participants with balances1,600
Active participants1,176
Employer contributions$10,376,569
Employee contributions$11,955,777
Employer contribution per active participant$8,824
Average account balance$191,544
Benefits paid to participants$49,500,208
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$306.5M · 1,600 accts · $10.4M emplr
2023$292.2M · 1,809 accts · $13.4M emplr
2022$252.5M · 1,829 accts · $12.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,107
Investment management$230,973
Audit (IQPA)$24,675
Total administrative$416,355
The Ingevity Corporation Retirement Savings Plan 401(k) match · 2024
Employer contribution per active participant$8,824
Median for plans this size$4,294
2024$8,824 per active participant
2023$9,170 per active participant
2022$7,701 per active participant

Ingevity Corporation Retirement Savings Plan's 2024 employer contribution ran above the $4,294 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$146,278
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$157,180
ROCATON INVESTMENT ADVISORS LLC · Investment advisory (plan)$73,793
FORVIS LLP · Accounting / audit$24,675
CBIZ BENEFITS & INS SERVICES INC · Contract administrator$13,828
QDRO CONSULTANTS COMPANY, LLC · Consulting$600

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$416,355 · 0.14%
2023$407,081 · 0.15%
2022$316,954 · 0.12%
Same employer
Similar plansManufacturing · South Carolina
Schaeffler Group USA Inc. SC$800.1M · 0.02%
Kennametal Inc. SC$629.4M · 0.09%
Novolex Holdings, LLC SC$385.3M · 0.20%
Sew-Eurodrive, Inc. SC$238.0M · 0.08%
Kyocera Avx Corporation SC$227.9M · 0.09%
Zeus Company Inc. SC$208.5M · 0.03%
Astenjohnson, Inc. SC$166.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474027764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.