401(k) · DOL Form 5500 · 2024

Industrial Piping Specialists, Inc. 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
310
Participants Below avg headcount
80th
Percentile by assets National rank
$115,195
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

$36M in assets, 310 participants

Industrial Piping Specialists, Inc.'s Ips 401(k) Plan reported $36M in total assets and 310 participants in its 2024 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.

  • #4,830 in Wholesale Trade (6,080 peers)

Coverage in Oklahoma

Ips 401(k) Plan covers 310 participants in Oklahoma, about 41% of the average Oklahoma filer (state average ~760 per filing). Assets: $36M.

#4,830
in Wholesale Trade (6,080 peers)
+15.4%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$35,710,440 Top 20% higher than 80% of 123,620 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 2024

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

Plan-year 2024 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 (310 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ips 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Ips 401(k) Plan end-of-year assets rose from $31M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • Ips 401(k) Plan reported participants rose from 282 in the plan year 2023 filing to 310 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 731288897 · Industrial Piping Specialists, Inc. PY 2024 · 401(k)

Ips 401(k) Plan · $36M · 310 · 80th

  • NET $36M
  • NET 310
  • NET 80th
  • NET 401(k)
  • NET near University Mechanical Contractors, Inc. 401(k) Profit Sharing Plan
  • NET ind #4830

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$36MUniversity Mechanical Contractors, Inc. 401(k) Profit Sharing PlanUniversity Mechanical Contra…$36MPinnacle Gi Partners Employees' 401(k) PlanPinnacle Gi Partners Employe…$36MOrtho Molecular Products, Inc. 401(k) PlanOrtho Molecular Products, In…$36MKenyon Companies 401(k) Plan$36M
End-of-year total assets ($M) among Ips 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Oklahoma filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$36M
Net Income$5M
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 -20246 Total assets ($B) Participants Ips 401(k) Plan, Total assets ($B): 0.03571044 · Participants: 310Ips 401(k) PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.827423826 · Participants: 13369Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.978642425 · Participants: 5204The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.415489 · Participants: 4756Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.190240873 · Participants: 4907Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 1.073833495 · Participants: 1958Devon Energy Corporation Incentive Savings Plan
Ips 401(k) Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare Ips 401(k) Plan side-by-side with 3 peers →

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

Outside Oklahoma, the nearest 401(k) by assets is University Mechanical Contractors, Inc. 401(k) Profit Sharing Plan in WA ($36M); by covered participants it is Noram Drilling Company 401(k) Plan in TX (310 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (310 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Ips 401(k) Plan grew sharply - up 15.4% during 2024, from $31M to $36M. Reported net income was $5M.
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 123,622 plans that reported assets for plan year 2024 (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 University Mechanical Contractors, Inc. 401(k) Profit Sharing Plan in WA ($36M, 184 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 Noram Drilling Company 401(k) Plan in TX (310 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 731288897.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.