Plan Ledger DOL Form 5500 · updated monthly

Integrated Power Services401(k)

INTEGRATED POWER SERVICES RETIREMENT SAVINGS PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Integrated Power Services reported $221,711 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,456 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 0.16% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 44th-largest of 807 plans among South Carolina employers on file, and the 134th of 3,341 in other services. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 1,042 to 1,990 since 2022.

Plan summary
Net assets, end of year$138,104,724
Participants with balances2,184
Active participants1,990
Employer contributions$4,886,911
Employee contributions$10,483,415
Employer contribution per active participant$2,456
Average account balance$63,235
Benefits paid to participants$20,857,468
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$138.1M · 2,184 accts · $4.9M emplr
2023$102.3M · 1,448 accts · $3.5M emplr
2022$81.4M · 1,249 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$171,677
Investment management$50,034
Total administrative$221,711
The Integrated Power Services 401(k) match · 2024
Employer contribution per active participant$2,456
Median for plans this size$3,635
2024$2,456 per active participant
2023$2,208 per active participant
2022$2,434 per active participant

Integrated Power Services's 2024 employer contribution ran below the $3,635 median for plans its size. 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
ADP, INC. · Loan processing · Recordkeeping$171,677
KESTRA ADVISORY SERVICES · Recordkeeping · Trustee$50,034
ADP BROKER-DEALER · Other servicesindirect 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, KESTRA ADVISORY SERVICES
2023ADP, KESTRA ADVISORY SERVICES

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Administrative cost history3
2024$221,711 · 0.18%
2023$182,373 · 0.20%
2022$135,894 · 0.16%
All plans at this employer2
INTEGRATED POWER SERVICES RETIREMENT SAVINGS PLAN401(k)
IPS BARGAINING 401(K) PLAN401(k)
Same employer
Similar plansOther Services · South Carolina
Ohio Machinery Co. OH$138.6M · 0.07%
American Petroleum Institute DC$138.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208918703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.