Ingram Industries Inc. 401(k) Review & Grade
Ingram 401(k) Retirement Plan
Nashville, TNWholesale Trade5,715 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,972Employer $ per active participant
$5,319Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$634.1MNet plan assets, end of year
$75,539Average balance per account
Score breakdown
- Employer generosity30.9 / 5062th percentile for employer $ per participant
- Low cost12.9 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1545th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score61 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 52th |
| Employee saving | 45th |
| Peers that auto-enroll | 62% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Ingram Industries put in about $2,972 per active participant, more than the typical peer ($2,459). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $16,983,855 |
| Participant (employee) contributions | $30,396,511 |
| Other contributions (incl. rollovers in) | $11,559,079 |
| Administrative expenses paid from the plan | $706,443 |
| Contract administrator fees | $673,754 |
| Investment advisory & management fees | $32,689 |
| Benefits paid out | $71,884,618 |
| Net assets, start / end of year | $573.2M / $634.1M |
| Active participants, start / end of year | 5,542 / 5,888 |
| Participants with account balances | 8,394 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pricewaterhousecoopers, LLP |
Largest service providers (Schedule C)
| John Hancock Retirement Plan Srvcs | $743,265 reported compensation |
| Capfinancial Partners, LLC. | $32,689 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250724083002NAL0002494835001, received 2025-07-24, EIN 62-0673043, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.