Plan Ledger DOL Form 5500 · updated monthly

Image Options401(k)

IMAGE OPTIONS RETIREMENT SAVINGS PLAN · FOOTHILL RANCH, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Image Options reported $31,277 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.22% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,155th of 9,483), and 8,309th of 13,661 in manufacturing. active participation has shrunk from 132 to 117 since 2022.

Plan summary
Net assets, end of year$11,159,200
Participants with balances180
Active participants117
Employer contributions$0
Employee contributions$555,420
Employer contribution per active participant$0
Average account balance$61,996
Benefits paid to participants$821,928
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 180 accts
2023$10.1M · 194 accts
2022$9.3M · 187 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,277
Total administrative$31,277
The Image Options 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Image Options's 2024 employer contribution ran below the $2,416 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 · 20243
CPS EMPLOYER BENEFITS INSURANCE · Investment advisory (plan)$16,000
EMPOWER ANNUITY INSURANCE · Investment management$2,375
HICKS PENSION SERVICES · Contract administrator$2,325

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$31,277 · 0.29%
2023$27,709 · 0.28%
2022$22,529 · 0.22%
Same employer
Similar plansManufacturing · California
Sdi Industries, Inc. CA$11.2M · 0.47%
Jp Lamborn Co., Inc CA$11.2M · 0.93%
Solid State Devices, Inc. CA$11.2M · 0.00%
Turntide Technologies, Inc. CA$11.2M · 0.02%
Morton Grinding, Inc. CA$11.2M · 0.22%
The Carpenter Group CA$11.2M · 1.01%
Heinzen, LLC CA$11.1M · 0.45%
Spates Fabricators, Inc. CA$11.1M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330856522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.