401(k) · DOL Form 5500 · 2023

Industrial Technologies and Services, LLC 401(k) Plan

Data updated 2026-08-06

$1.3B
Total assets
4,928
Participants
99th
Percentile by assets
$259,694
Avg per participant
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Official DOL plan name: Ingersoll Rand Retirement Savings Plan · Sponsored by Industrial Technologies and Services, LLC · North Carolina · Manufacturing

$1.3B in assets, 4,928 participants

Industrial Technologies and Services, LLC's Ingersoll Rand Retirement Savings Plan reported $1.3B in total assets and 4,928 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 126,618 plans)
  • #18,304 in Manufacturing (18,672 peers)

Coverage in North Carolina

Ingersoll Rand Retirement Savings Plan covers 4,928 participants in North Carolina, 5.8x the typical North Carolina plan (state average ~846 per filing). Assets: $1.3B.

$1.3B
total plan assets (2023 EOY)
4,928
covered participants
99th
percentile by assets (of 126,618 plans)
$259,694
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ingersoll Rand Retirement Savings Plan reported net income rose from -$259M in the plan year 2022 filing to $205M in the plan year 2023 filing.
  • Ingersoll Rand Retirement Savings Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • Ingersoll Rand Retirement Savings Plan reported participants rose from 4,571 in the plan year 2022 filing to 4,928 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Ingersoll Rand Retirement Savings Plan reports 4,928 participants - 5.8x that state average ($1.3B EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.3B
Net Income$205M
Employer EIN760419383
Plan Effective Date1994-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Industrial Technologies and Services, LLC)

$1B$1.1B$1.2B$1.3B$1.4B$1.5B 202220232024 $1.12B $1.43B ▲ +27.7%
Total plan assets by year, all Industrial Technologies and Services, LLC plans on file
Year Plans Participants Total Assets
2022 3 4,812 $1.1B
2023 3 5,137 $1.3B
2024 3 5,391 $1.4B

Nearby 401(k) Plans in North Carolina

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

Ingersoll Rand Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Ingersoll Rand Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Ingersoll Rand Retir…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Ingersoll Rand Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ingersoll Rand Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Ingersoll Rand Retirement Savings Plan assets move in 2023?
Ingersoll Rand Retirement Savings Plan grew sharply - up 19.5% during 2023, from $1.1B to $1.3B. Reported net income was $205M.
How have Industrial Technologies and Services, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Industrial Technologies and Services, LLC's sponsor-wide assets grew 28.0%, from $1.1B to $1.4B.
Where does Ingersoll Rand Retirement Savings Plan rank by assets among Form 5500 filers?
Ingersoll Rand Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Ingersoll Rand Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Avery Dennison Corporation Employee Savings Plan in OH ($1.3B, 4,892 participants).

Next read for Ingersoll Rand Retirement Savings Plan

Filing takeaways

Ways to act on Ingersoll Rand Retirement Savings Plan's numbers.

  • By total assets, Ingersoll Rand Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • Industrial Technologies and Services, LLC's sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Manufacturing plans