Plan Ledger DOL Form 5500 · updated monthly

Image First Holdings, LLC401(k)

IMAGE FIRST HOLDINGS, LLC RETIREMENT SAVINGS PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.74%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Image First Holdings, LLC reported $442,686 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,067 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.66% to 0.74%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 645th-largest of 3,651 plans among Pennsylvania employers on file, and the 239th of 2,534 in administrative & support services. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has grown from 3,367 to 3,934 since 2022.

Plan summary
Net assets, end of year$66,877,785
Participants with balances4,334
Active participants3,934
Employer contributions$4,195,870
Employee contributions$11,696,516
Employer contribution per active participant$1,067
Average account balance$15,431
Benefits paid to participants$8,672,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.9M · 4,334 accts · $4.2M emplr
2023$52.0M · 4,491 accts · $3.6M emplr
2022$37.8M · 3,775 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$380,308
Investment management$62,378
Total administrative$442,686
The Image First Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,067
Median for plans this size$3,635
2024$1,067 per active participant
2023$920 per active participant
2022$859 per active participant

Image First Holdings, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$380,308
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$62,378

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$442,686 · 0.74%
2023$362,141 · 0.81%
2022$248,742 · 0.66%
Same employer
Similar plansAdministrative & Support Services · Pennsylvania
System One Holdings, LLC PA$103.3M · 0.18%
Medrisk, LLC PA$51.8M · 0.50%
Aquatech International LLC PA$44.5M · 0.01%
H.L. Yoh Company LLC PA$43.9M · 0.17%
World Travel, Inc. PA$40.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522048123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.