Plan Ledger DOL Form 5500 · updated monthly

Innovetive Petcare Holdings LLC401(k)

INNOVETIVE PETCARE 401(K) PROFIT SHARING PLAN AND TRUST · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Innovetive Petcare Holdings LLC reported $274,360 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $848 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 0.81% to 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,346th-largest of 5,688 plans among Texas employers on file, and the 3,601st of 11,654 in professional & technical services. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,004,130
Participants with balances3,040
Active participants2,310
Employer contributions$1,958,089
Employee contributions$5,959,766
Employer contribution per active participant$848
Average account balance$11,843
Benefits paid to participants$1,718,507
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$36.0M · 3,040 accts · $2.0M emplr
2023$25.1M · 1,731 accts · $1.4M emplr
2022$14.6M · 902 accts · $986K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,272
Investment management$148,088
Total administrative$274,360
The Innovetive Petcare Holdings LLC 401(k) match · 2024
Employer contribution per active participant$848
Median for plans this size$2,416
2024$848 per active participant
2023$629 per active participant
2022$465 per active participant

Innovetive Petcare Holdings LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$148,088

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$274,360 · 0.90%
2023$176,187 · 0.89%
2022$97,516 · 0.81%
Same employer
Similar plansProfessional & Technical Services · Texas
Camin Cargo Control, Inc. TX$36.7M · 0.33%
Hartline Barger LLP TX$36.4M · 0.17%
Munck Wilson Mandala, LLP TX$36.0M · 0.15%
Trintech Inc. TX$36.0M · 0.41%
Suveto Buyer, LLC TX$35.6M · 0.80%
Vysus Moduspec Inc. TX$35.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472673809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.