Plan Snapshot
- Plan Sponsor: Installed Building Products, LLC
- Sponsor EIN: 311795875
- Sponsor Address: 495 S. HIGH STREET SUITE 50, COLUMBUS, OH, 43215
- Plan Type: 401(k)
- Total Participants: 10,000
- Total Assets: $137.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 10,000 | $137.7M | $2.4M | $13.2M |
| 2023 | 9,515 | $118.1M | $2.3M | $12.0M |
| 2022 | 8,957 | $97.8M | $2.0M | $10.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $175,198 | — | $175,198 |
| USI ADVISORS INC | ADVISOR | $53,500 | — | $53,500 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $16,463 | — | $16,463 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $245,161
- Estimated Expense Ratio: 0.178% 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 | $245,161 | $69,963 | — | — | — |
| 2023 | $273,001 | $66,314 | — | — | — |
| 2022 | $299,097 | $10,536 | — | — | — |