Innospec, Inc. 401(k) Review & Grade
Innospec 401(k) and Profit Sharing Plan
Englewood, COManufacturing765 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$7,300Employer $ per active participant
$7,453Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$116.5MNet plan assets, end of year
$151,745Average balance per account
Score breakdown
- Employer generosity46.0 / 5092th percentile for employer $ per participant
- Low cost19.2 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score80 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 92th |
| Lower admin cost | 77th |
| Employee saving | 77th |
| Peers that auto-enroll | 59% |
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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
- Innospec put in about $7,300 per active participant, more than the typical peer ($2,320). 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.
- 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 | $5,584,642 |
| Participant (employee) contributions | $5,701,301 |
| Other contributions (incl. rollovers in) | $1,316,270 |
| Administrative expenses paid from the plan | $96,029 |
| Other admin expenses | $45,993 |
| Benefits paid out | $9,140,831 |
| Net assets, start / end of year | $99.8M / $116.5M |
| Active participants, start / end of year | 749 / 781 |
| Participants with account balances | 768 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Desroches Partners, LLP |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $50,036 reported compensation |
| Investment Research & Adv Group | $45,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904091834NAL0016126961001, received 2025-09-04, EIN 98-0181725, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.