Ingersoll Rand Industrial U.S. retirement plan: assets, participants and fees
What Ingersoll Rand Industrial U.S.'s retirement plan plan says about matching contributions
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.
| Recordkeeper | Milliman | 2023 Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 451 pension plans in manufacturing with 1,000 to 4,999 participants.
| Ingersoll Rand Industrial U.S.: employer contribution per participant | $95 | |
| Peer median | $1,502 |
| Ingersoll Rand Industrial U.S.: average balance | $47,839 | |
| Peer median | $72,786 |
| Ingersoll Rand Industrial U.S.: admin expenses ÷ assets | 2.21% | |
| Peer median | 0.67% |
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 $327M at the end of plan year 2021 to $176M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,688 | $176M | $351K | $95 | 2.21% | Not published | Form 5500 ↗ |
| 2023 | 3,995 | $203M | — | — | 2.04% | Not published | Form 5500 ↗ |
| 2022 | 4,887 | $220M | — | — | 1.05% | Not published | Form 5500 ↗ |
| 2021 | 5,044 | $327M | — | — | 0.38% | Not published | Form 5500 ↗ |
Common questions
Does Ingersoll Rand Industrial U.S. match 401(k) contributions?
The match terms for the Ingersoll Rand Industrial U.S., Inc. Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $351K in employer contributions, about $95 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ingersoll Rand Industrial U.S. 401(k) match vested?
The vesting schedule for the Ingersoll Rand Industrial U.S., Inc. Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ingersoll Rand Industrial U.S. 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Milliman. The plan administrator is Ingersoll Rand Industrial U.S., Inc..
I left Ingersoll Rand Industrial U.S.. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ingersoll Rand Industrial U.S., Inc., (888) 922-0016) or the recordkeeper, Milliman. The Ingersoll Rand Industrial U.S. old 401(k) page lists the contacts from every plan filing. Find an old Ingersoll Rand Industrial U.S. 401(k)
Data from the public Form 5500 annual reports Ingersoll Rand Industrial U.S. 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 Ingersoll Rand Industrial U.S.. Not financial advice. Report a correction · Methodology