Plan Ledger DOL Form 5500 · updated monthly

Ippc Inc401(k)

IPPC INC 401(K) PROFIT SHARING PLAN & TRUST · MORGANVILLE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Ippc Inc reported $61,608 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,915 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 0.35% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,122nd-largest of 2,419 plans among New Jersey employers on file, and the 1,617th of 5,215 in retail trade. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has shrunk from 159 to 140 since 2022.

Plan summary
Net assets, end of year$18,022,373
Participants with balances213
Active participants140
Employer contributions$268,070
Employee contributions$609,210
Employer contribution per active participant$1,915
Average account balance$84,612
Benefits paid to participants$304,433
Plan auditUnmodified (clean) audit opinion
AuditorHBK CPA & CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 213 accts · $268K emplr
2023$14.9M · 220 accts · $316K emplr
2022$12.5M · 227 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,855
Investment management$33,893
Trustee / custodial$860
Total administrative$61,608
The Ippc Inc 401(k) match · 2024
Employer contribution per active participant$1,915
Median for plans this size$2,416
2024$1,915 per active participant
2023$2,377 per active participant
2022$1,545 per active participant

Ippc Inc's 2024 employer contribution ran below the $2,416 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 · 20242
PAYCHEX, INC. · Recordkeeping$27,115
UBS - RETIREMENT PLAN CONSULTING · Investment advisory (participants)$33,893

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

Recordkeeper by year2
2024Paychex
2023Paychex, UBS

This plan has changed recordkeepers within these filings. If you left Ippc Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$61,608 · 0.37%
2023$51,907 · 0.38%
2022$49,259 · 0.35%
Same employer
Similar plansRetail Trade · New Jersey
Brown's Super Stores, Inc. NJ$18.8M · 0.06%
Ramsey Auto Group NJ$17.9M · 0.51%
Pine Belt Automotive, Inc. NJ$15.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223605568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.