Ironclad Environmental Solutions 401(k) Review & Grade
Ironclad Environmental Solutions 401(k) Plan
Houston, TXReal Estate & Rental511 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,092Employer $ per active participant
$5,671Employee $ saved per active participant
0.81%Direct admin cost, % of plan assets
$12.8MNet plan assets, end of year
$26,899Average balance per account
Score breakdown
- Employer generosity41.6 / 5083th percentile for employer $ per participant
- Low cost2.4 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving11.2 / 1574th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 10th |
| Employee saving | 74th |
| Peers that auto-enroll | 47% |
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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
- Ironclad Environmental Solutions put in about $3,092 per active participant, more than the typical peer ($1,279). 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.
- Direct plan expenses (0.81% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,579,758 |
| Participant (employee) contributions | $2,897,899 |
| Other contributions (incl. rollovers in) | $1,333,114 |
| Administrative expenses paid from the plan | $82,276 |
| Investment advisory & management fees | $25,378 |
| Benefits paid out | $1,616,196 |
| Net assets, start / end of year | $7.4M / $12.8M |
| Active participants, start / end of year | 479 / 543 |
| Participants with account balances | 475 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Beers Hamerman Cohen & Burger PC |
Largest service providers (Schedule C)
| Adp, Inc. | $56,897 reported compensation |
| The Patriot Fncl GRP Insur. Agency, | $25,378 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010051530NAL0004363651001, received 2025-10-10, EIN 87-0795847, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.