Plan Snapshot
- Plan Sponsor: Ingersoll Rand Industrial U.S., INC.
- Sponsor EIN: 842172128
- Sponsor Address: 525 HARBOUR PLACE DRIVE, #600, DAVIDSON, NC, 28036
- Plan Type: DB
- Total Participants: 785
- Total Assets: $176.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 785 | $176.4M | $350,554 | $0 |
| 2023 | 859 | $202.9M | $0 | $0 |
| 2022 | 992 | $219.9M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JPMORGAN CHASE BANK, N.A. | NONE | $340,277 | — | $340,277 |
| AON INVESTMENTS USA INC | NONE | $214,052 | — | $214,052 |
| FORVIS, LLP | NONE | $22,890 | — | $22,890 |
| FOLEY & LARDNER LLP | NONE | $9,256 | — | $9,256 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGAN CHASE BANK, N.A. — NONE
- FORVIS, LLP — NONE
- FOLEY & LARDNER LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $586,475
- Estimated Expense Ratio: 0.332% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,183,845 | $214,052 | $286,751 | $22,890 | — |
| 2023 | $4,304,479 | $311,303 | $225,035 | $20,800 | — |
| 2022 | $2,875,926 | $347,054 | — | — | $53,528 |