Plan Ledger DOL Form 5500 · updated monthly

Installed Building Products, LLC401(k)

INSTALLED BUILDING PRODUCTS, LLC 401(K) SAVINGS PLAN AND TRUST · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Installed Building Products, LLC reported $245,161 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $242 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 fell from 0.29% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 290th-largest of 3,295 plans among Ohio employers on file, and the 288th of 5,215 in retail trade. In 2024, employees put in $5.45 for every $1.00 the employer contributed; active participation has grown from 8,957 to 10,000 since 2022.

Plan summary
Net assets, end of year$137,656,051
Participants with balances2,943
Active participants10,000
Employer contributions$2,417,643
Employee contributions$13,182,163
Employer contribution per active participant$242
Average account balance$46,774
Benefits paid to participants$9,791,408
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$137.7M · 2,943 accts · $2.4M emplr
2023$118.1M · 2,333 accts · $2.3M emplr
2022$97.8M · 2,184 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175,198
Investment management$69,963
Total administrative$245,161
The Installed Building Products, LLC 401(k) match · 2024
Employer contribution per active participant$242
Median for plans this size$3,635
2024$242 per active participant
2023$243 per active participant
2022$229 per active participant

Installed Building Products, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$175,198
USI ADVISORS INC · Investment advisory (plan)$53,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$16,463

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$245,161 · 0.19%
2023$273,001 · 0.25%
2022$299,097 · 0.29%
All plans at this employer3
INSTALLED BUILDING PRODUCTS, LLC 401(K) SAVINGS PLAN AND TRUST401(k)
CHARLES MOMPER, INC. PROFIT SHARING PLANProfit-sharing plan
MOMPER INSULATION 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansRetail Trade · Ohio
Franchise Group, Inc. OH$158.2M · 0.25%
Phoenix Retail, LLC OH$141.0M · 0.09%
Express, LLC OH$138.0M · 0.11%
Carepathrx Midco Inc. OH$132.7M · 0.24%
Big Sandy Furniture, Inc. OH$128.1M · 0.04%
Devco Holdings, Inc. OH$106.1M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311795875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.