Plan Ledger DOL Form 5500 · updated monthly

I-Pro Americas Inc.401(k)

I-PRO AMERICAS INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

I-Pro Americas Inc. reported $3,636 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,560 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 0.17% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,096th-largest of 5,688 plans among Texas employers on file, and the 1,970th of 4,246 in wholesale trade. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,112,736
Participants with balances231
Active participants217
Employer contributions$772,471
Employee contributions$2,133,510
Employer contribution per active participant$3,560
Average account balance$82,739
Benefits paid to participants$3,544,076
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 231 accts · $772K emplr
2023$17.5M · 212 accts · $684K emplr
2022$12.3M · 224 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$766
Investment management$2,870
Total administrative$3,636
The I-Pro Americas Inc. 401(k) match · 2024
Employer contribution per active participant$3,560
Median for plans this size$2,416
2024$3,560 per active participant
2023$3,241 per active participant
2022$3,065 per active participant

I-Pro Americas Inc.'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
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$2,870
JPMORGAN INVEST HOLDINGS LLC$766

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

Administrative cost history3
2024$3,636 · 0.02%
2023$2,494 · 0.02%
2022$21,502 · 0.17%
Same employer
Similar plansWholesale Trade · Texas
M. Lipsitz & Co., LTD. TX$19.5M · 0.07%
R.E. Sweeney Company, Inc. TX$19.5M · 0.10%
Hatfield and Company, Inc. TX$19.4M · 0.49%
Synergy Enterprises, Inc. TX$19.2M · 0.40%
David Sutherland, LLC TX$18.5M · 0.72%
McCoy-Rockford, Inc. TX$17.6M · 0.40%
Jet Specialty, Inc. TX$17.5M · 0.24%
1155-55H Partners, LLC TX$17.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842440008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.