Plan Ledger DOL Form 5500 · updated monthly

Ira Green Inc401(k)

IRA GREEN INC 401(K) PROFIT SHARING PLAN & TRUST · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Ira Green Inc reported $22,729 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $253 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 3 years on file its reported administrative ratio has held roughly steady near 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Rhode Island (243rd of 286), and 11,769th of 13,661 in manufacturing. In 2024, employees put in $6.69 for every $1.00 the employer contributed; active participation has shrunk from 230 to 204 since 2022.

Plan summary
Net assets, end of year$3,941,162
Participants with balances319
Active participants204
Employer contributions$51,575
Employee contributions$344,837
Employer contribution per active participant$253
Average account balance$12,355
Benefits paid to participants$246,383
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 319 accts · $52K emplr
2023$3.1M · 208 accts · $42K emplr
2022$3.0M · 213 accts · $37K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,872
Investment management$13,997
Trustee / custodial$860
Total administrative$22,729
The Ira Green Inc 401(k) match · 2024
Employer contribution per active participant$253
Median for plans this size$1,313
2024$253 per active participant
2023$325 per active participant
2022$161 per active participant

Ira Green Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PATRIOT FINANCIAL · Recordkeeping · Investment advisory (participants)$13,997
PAYCHEX · Recordkeeping · Investment advisory (participants)$7,108

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

Recordkeeper by year2
2024PATRIOT FINANCIAL, Paychex
2023PATRIOT FINANCIAL, Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,729 · 0.65%
2023$18,913 · 0.63%
2022$22,782 · 0.68%
Similar plansManufacturing · Rhode Island
Wpp Acquisition, LLC RI$4.7M · 0.28%
Vibco, Inc. RI$4.7M · 0.26%
Sherle Wagner RI$2.7M · 0.35%
Squadlocker, Inc. RI$2.4M · 0.16%
Waterrower, Inc. RI$1.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131517988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.