Plan Ledger DOL Form 5500 · updated monthly

Imagetrend, LLC401(k)

IMAGETREND, LLC 401(K) RETIREMENT PLAN · LAKEVILLE, MN · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Imagetrend, LLC reported $96,329 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,368 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 fell from 0.44% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 695th-largest of 1,918 plans among Minnesota employers on file, and the 4,159th of 11,654 in professional & technical services. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 285 to 339 since 2022.

Plan summary
Net assets, end of year$30,226,835
Participants with balances419
Active participants339
Employer contributions$1,141,625
Employee contributions$2,925,501
Employer contribution per active participant$3,368
Average account balance$72,140
Benefits paid to participants$2,350,886
Plan auditUnmodified (clean) audit opinion
AuditorCUMMINGS KEEGAN & CO., PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 419 accts · $1.1M emplr
2023$24.1M · 359 accts · $895K emplr
2022$18.6M · 339 accts · $736K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,295
Investment management$66,034
Total administrative$96,329
The Imagetrend, LLC 401(k) match · 2024
Employer contribution per active participant$3,368
Median for plans this size$2,416
2024$3,368 per active participant
2023$3,161 per active participant
2022$2,583 per active participant

Imagetrend, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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
MMA SECURITIES LLC · Investment advisory (plan)$54,214
EMPOWER ADVISORY GROUP, LLC · Investment management$11,820

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$96,329 · 0.35%
2023$79,231 · 0.37%
2022$86,970 · 0.44%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 411903871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.