Ilpea Industries 401(k) match, vesting and fees

Plan year 2024 filingIlpea Industries 401(k) Plan · Plan 008 · EIN 35-1764586Updated Oct 2026

What Ilpea Industries' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $1.2M in employer contributions, about $1,864 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$64,636
Average account balance
676
Participants (end of year)
$40.9M
Plan assets (end of year)
0.24%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperNewport Group, Inc.Schedule C ↗
Independent auditorCliftonlarsonallen, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.

Ilpea Industries: employer contribution per participant$1,864
Peer median$2,038
Ilpea Industries: average balance$64,636
Peer median$72,907
Ilpea Industries: admin expenses ÷ assets0.24%
Peer median0.20%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $44M at the end of plan year 2021 to $40.9M at the end of plan year 2024.

$44M2021$36.1M2022$41.7M2023$40.9M2024
End-of-year figures from each plan year's Form 5500 filing for the Ilpea Industries plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024676$40.9M$1.2M$1,8640.24%Not publishedForm 5500 ↗
2023793$41.7M$1.2M$1,6800.29%Not publishedForm 5500 ↗
2022781$36.1M$1.2M$1,5720.29%Not publishedForm 5500 ↗
2021848$44M$1.1M$1,3600.30%Not publishedForm 5500 ↗

Other Ilpea Industries plans (3)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Non-Contributory Pension Plan of Ilpea Industries, Inc.

Plan 009 · EIN 35-1764586 · plan year 2023 filing
$19,450
Average account balance
322
Participants (end of year)
$6.3M
Plan assets (end of year)
1.22%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorCliftonlarsonallen LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Holm Industries, Inc. Local 445 Employees' Retirement Plan

Plan 001 · EIN 35-1764586 · plan year 2023 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.48%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Holm Industries, Inc. New Ulm Employees' Retirement Plan

Plan 003 · EIN 35-1764586 · plan year 2023 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.31%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Ilpea Industries match 401(k) contributions?

The match terms for the Ilpea Industries 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.2M in employer contributions, about $1,864 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Ilpea Industries 401(k) match vested?

The vesting schedule for the Ilpea Industries 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Ilpea Industries 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Ilpea Industries, Inc..

I left Ilpea Industries. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Ilpea Industries, Inc., (812) 752-8308) or the recordkeeper, Newport Group, Inc.. The Ilpea Industries old 401(k) page lists the contacts from every plan filing. Find an old Ilpea Industries 401(k)

Data from the public Form 5500 annual reports Ilpea Industries filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Ilpea Industries. Not financial advice. Report a correction · Methodology