Plan Ledger DOL Form 5500 · updated monthly

Ironclad Environmental Solutions401(k)

IRONCLAD ENVIRONMENTAL SOLUTIONS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Ironclad Environmental Solutions reported $82,276 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,909 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 0.52% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,688th-largest of 5,688 plans among Texas employers on file, and the 947th of 2,096 in real estate & leasing. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,776,987
Participants with balances475
Active participants543
Employer contributions$1,579,758
Employee contributions$2,897,899
Employer contribution per active participant$2,909
Average account balance$26,899
Benefits paid to participants$1,616,196
Plan auditUnmodified (clean) audit opinion
AuditorBEERS HAMERMAN COHEN & BURGER PC
Plan history2
Yearassets · accounts · employer contribution
2024$12.8M · 475 accts · $1.6M emplr
2023$7.4M · 354 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,898
Investment management$25,378
Total administrative$82,276
The Ironclad Environmental Solutions 401(k) match · 2024
Employer contribution per active participant$2,909
Median for plans this size$2,416
2024$2,909 per active participant
2023$2,742 per active participant

Ironclad Environmental Solutions's 2024 employer contribution ran above 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
ADP, INC. · Loan processing · Recordkeeping$56,897
THE PATRIOT FNCL GRP INSUR. AGENCY, · Recordkeeping · Trustee$25,378

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

Recordkeeper by year2
2024ADP, THE PATRIOT FNCL GRP INSUR. AGENCY,
2023ADP, THE PATRIOT FNCL GRP INSUR. AGENCY,

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Administrative cost history2
2024$82,276 · 0.81%
2023$38,497 · 0.52%
Same employer
Similar plansReal Estate & Leasing · Texas
Spirit Realty Capital, Inc. TX$13.5M · 0.65%
Buxton Company TX$13.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870795847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.