What are the fees in the Image One, LLC 401(k) plan?

For plan year 2022, Image One, LLC reported $8,209 in plan administrative expenses, or 1.71% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Image One, LLC 401(k)?

The average participant account balance was $6,552 for plan year 2022, based on 69 accounts.

Image One, LLC401(k)

Name: Image One, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

AI INNOVATIONS 401(K) SAVINGS PLAN · MCCORDSVILLE, IN · plan year 2022

Reported admin expense ratio · 2022

1.71%

Image One, LLC reported $8,209 in plan administrative expenses for 2022: 1.71% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,531st of 1,562), and 13,483rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$452,058
Participants with balances69
Active participants131
Employer contributions—
Employee contributions$100,318
Employer contribution per active participant—
Average account balance$6,552
Benefits paid to participants$64,557
Plan auditUnmodified (clean) audit opinion
AuditorLONG & ASSOCIATES

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$8,209

Total administrative$8,209

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$8,209 · 1.71%

Same employer

Image One, LLC's health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 352066134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.