Plan Ledger DOL Form 5500 · updated monthly

Intergulf Corporation401(k)

CIRCON ENVIRONMENTAL 401(K) PROFIT SHARING PLAN · LA PORTE, TX · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

Intergulf Corporation reported $92,168 in plan administrative expenses for 2022: 0.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $902 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 1 year on file its reported administrative ratio rose from 0.60% to 1.87%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,224th-largest of 5,688 plans among Texas employers on file, and 2,134th of 4,246 in wholesale trade. In 2022, employees put in $3.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,288,468
Participants with balances521
Active participants536
Employer contributions$483,574
Employee contributions$1,863,795
Employer contribution per active participant$902
Average account balance$33,183
Benefits paid to participants$2,893,910
Plan auditUnmodified (clean) audit opinion
AuditorROBERTSON & ROBERTSON
Plan history2
Yearassets · accounts · employer contribution
2023$13K · $281K emplr
2022$17.3M · 521 accts · $484K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$82,544
Investment management$9,624
Total administrative$92,168
The Intergulf Corporation 401(k) match · 2022
Employer contribution per active participant$902
Median for plans this size$2,266
2023$607 per active participant
2022$902 per active participant

Intergulf Corporation's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$161,791 · 1.87%
2022$92,168 · 0.60%
Same employer
Similar plansWholesale Trade · Texas
David Sutherland, LLC TX$18.5M · 0.72%
McCoy-Rockford, Inc. TX$17.6M · 0.40%
Jet Specialty, Inc. TX$17.5M · 0.24%
1155-55H Partners, LLC TX$17.5M · 0.08%
J.L. Carr Enterprises, Inc. TX$17.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760275809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.