Plan Ledger DOL Form 5500 · updated monthly

Intertape Polymer Corp.401(k)

IPC GROUP 401(K) PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Intertape Polymer Corp. reported $230,619 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,001 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 0.25% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 172nd-largest of 3,644 plans among Florida employers on file, and the 227th of 4,246 in wholesale trade. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has shrunk from 2,417 to 2,011 since 2022.

Plan summary
Net assets, end of year$216,180,084
Participants with balances2,500
Active participants2,011
Employer contributions$6,035,022
Employee contributions$11,553,983
Employer contribution per active participant$3,001
Average account balance$86,472
Benefits paid to participants$23,683,879
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$216.2M · 2,500 accts · $6.0M emplr
2023$195.1M · 2,585 accts · $6.6M emplr
2022$174.1M · 2,713 accts · $5.8M emplr
The Intertape Polymer Corp. 401(k) match · 2024
Employer contribution per active participant$3,001
Median for plans this size$3,635
2024$3,001 per active participant
2023$3,107 per active participant
2022$2,393 per active participant

Intertape Polymer Corp.'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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$174,665
NEWPORT GROUP CONSULTING, LLC · Consulting$27,857
NEWPORT GROUP CONSULTING, LLC · Consulting$26,696
FRAZIER & DEETER · Accounting / audit$13,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A., Vanguard
2023ASSOCIATED TRUST COMPANY, N.A., Vanguard

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Administrative cost history3
2024$230,619 · 0.11%
2023$217,306 · 0.12%
2022$450,149 · 0.25%
All plans at this employer3
IPC GROUP 401(K) PLAN401(k)
INTERTAPE POLYMER CORP. MENASHA UNION 401(K) PLAN401(k)
INTERTAPE POLYMER CORP. MARYSVILLE UNION 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Florida
Rsr Group, Inc. FL$345.6M
Ravago Americas, LLC FL$273.9M · 0.10%
Team Horner Group, Inc. FL$174.6M · 0.00%
J.J. Taylor Companies, Inc. FL$132.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571088158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.