Plan Ledger DOL Form 5500 · updated monthly

Ipp - Improved Piping Products, Inc.401(k)

IPP - IMPROVED PIPING PRODUCTS, INC. 401(K) PROFIT SHARING PLAN · SAN ANTONIO, TX · plan year 2022

Reported admin expense ratio · 2022
0.04%

Ipp - Improved Piping Products, Inc. reported $1,768 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,222nd of 5,688), and 11,563rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,321,708
Participants with balances35
Active participants106
Employer contributions—
Employee contributions$80,831
Employer contribution per active participant—
Average account balance$123,477
Benefits paid to participants$98,819
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,768
Total administrative$1,768
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 history1
2022$1,768 · 0.04%
Same employer
Similar plansManufacturing · Texas
Tyler Beverages, Inc. TX$4.4M · 0.09%
Conveyors, Inc TX$4.3M · 0.21%
Zinkpower USA TX$4.3M · 0.25%
Sterling BV, Inc. TX$4.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942593029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.