401(k) · DOL Form 5500 · 2023

Industrial Piping Specialists, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
282
Participants Below avg headcount
80th
Percentile by assets National rank
$109,772
Avg per participant Below avg balance/head
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Official DOL plan name: Ips 401(k) Plan · Sponsored by Industrial Piping Specialists, Inc. · Oklahoma · Wholesale Trade

$31M in assets, 282 participants

Industrial Piping Specialists, Inc.'s Ips 401(k) Plan reported $31M in total assets and 282 participants in its 2023 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,985 in Wholesale Trade (6,309 peers)

Coverage in Oklahoma

Ips 401(k) Plan covers 282 participants in Oklahoma, about 37% of the average Oklahoma filer (state average ~760 per filing). Assets: $31M.

#4,985
in Wholesale Trade (6,309 peers)
+13.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Ips 401(k) Plan's outsized position by total assets

Ips 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$30,955,626 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Ips 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ips 401(k) Plan sits mid-pack in the medium band (282 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ips 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Ips 401(k) Plan reported participants rose from 234 in the plan year 2022 filing to 282 in the plan year 2023 filing.
  • Ips 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $31M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 731288897 · Industrial Piping Specialists, Inc. PY 2023 · 401(k)

Ips 401(k) Plan · $31M · 282 · 80th

  • PART $31M
  • PART 282
  • PART 80th
  • PART 401(k)
  • PART near Banco Do Brasil Employee Retirement Plan
  • PART ind #4985

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Oklahoma →

Ips 401(k) Plan in the asset neighbourhood

Ips 401(k) Plan$31MBanco Do Brasil Employee Retirement PlanBanco Do Brasil Employee Ret…$31MHarwood Lloyd Profit Sharing/401(k) PlanHarwood Lloyd Profit Sharing…$31MUsfalcon, Inc. 401(k) Profit Sharing Plan & TrustUsfalcon, Inc. 401(k) Profit…$31MA. Stucki Company 401(k) Profit Sharing Plan and TrustA. Stucki Company 401(k) Pro…$31M
End-of-year total assets ($M) among Ips 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
Employer EIN731288897
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Industrial Piping Specialists, Inc.)

Sponsor-wide plan assets over time

All Industrial Piping Specialists, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 30.7771446848718% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.3M $35.7M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 234 $27M
2023 1 282 $31M
2024 1 310 $36M

Nearby 401(k) Plans in Oklahoma

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ips 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Ips 401(k) Plan, Total assets ($B): 0.030955626 · Participants: 282Ips 401(k) PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.212452319 · Participants: 11746Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.681202476 · Participants: 5041The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.156591 · Participants: 2965Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.048169756 · Participants: 4766Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.932957189 · Participants: 1858Devon Energy Corporation Incentive Savings Plan
Ips 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Ips 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Banco Do Brasil Employee Retirement Plan in FL ($31M); by covered participants it is The Arcticom Group, LLC 401(k) Plan in CA (282 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (282 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ips 401(k) Plan assets move in 2023?
Ips 401(k) Plan grew at a solid clip - up 13.4% during 2023, from $27M to $31M. Reported net income was $4M.
How have Industrial Piping Specialists, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Industrial Piping Specialists, Inc.'s sponsor-wide assets grew 30.8%, from $27M to $36M.
Where does Ips 401(k) Plan rank by assets among Form 5500 filers?
Ips 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ips 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Banco Do Brasil Employee Retirement Plan in FL ($31M, 379 participants).
Which 401(k) plans cover a similar participant headcount to Ips 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Arcticom Group, LLC 401(k) Plan in CA (282 participants, $10M in assets).