Plan Ledger DOL Form 5500 · updated monthly

Ingredion Incorporated401(k)

INGREDION INCORPORATED RETIREMENT SAVINGS PLAN FOR SALARIED EMPLOYEES · WESTCHESTER, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ingredion Incorporated reported $300,953 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $9,408 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 0.04% to 0.05%. 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 126th-largest of 3,702 plans among Illinois employers on file, and the 465th of 13,661 in manufacturing. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$650,909,463
Participants with balances2,841
Active participants2,087
Employer contributions$19,635,104
Employee contributions$24,077,417
Employer contribution per active participant$9,408
Average account balance$229,113
Benefits paid to participants$61,374,915
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$650.9M · 2,841 accts · $19.6M emplr
2023$577.3M · 2,820 accts · $18.2M emplr
2022$495.1M · 2,719 accts · $15.7M emplr
The Ingredion Incorporated 401(k) match · 2024
Employer contribution per active participant$9,408
Median for plans this size$4,294
2024$9,408 per active participant
2023$9,115 per active participant
2022$8,105 per active participant

Ingredion Incorporated'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$155,313
AON INVESTMENTS USA INC · Consulting$147,213

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$300,953 · 0.05%
2023$275,415 · 0.05%
2022$208,097 · 0.04%
All plans at this employer2
INGREDION INCORPORATED RETIREMENT SAVINGS PLAN FOR SALARIED EMPLOYEES401(k)
INGREDION INCORPORATED RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES401(k)
Same employer
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Idex Corporation IL$962.2M · 0.07%
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Panduit Corp. IL$692.2M · 0.01%
Prairie Farms Dairy, Inc. IL$637.5M · 0.23%
Abbvie LTD. C/O Abbvie Inc. IL$560.1M · 0.07%
Fresenius Kabi USA, LLC IL$559.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223514823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.