Plan Ledger DOL Form 5500 · updated monthly

Imagination the Americas Inc.401(k)

IMAGINATION THE AMERICAS INC. 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Imagination the Americas Inc. reported $70,928 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,203 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 0.63% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,300th of 5,648), and 7,330th of 11,654 in professional & technical services. In 2023, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,204,436
Participants with balances100
Active participants61
Employer contributions$256,369
Employee contributions$520,532
Employer contribution per active participant$4,203
Average account balance$122,044
Benefits paid to participants$564,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 101 accts · $255K emplr
2023$12.2M · 100 accts · $256K emplr
2022$10.1M · 101 accts · $252K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$70,928
Total administrative$70,928
The Imagination the Americas Inc. 401(k) match · 2023
Employer contribution per active participant$4,203
Median for plans this size$2,440
2024$4,047 per active participant
2023$4,203 per active participant
2022$4,194 per active participant

Imagination the Americas Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$172
LONG ISLAND EMPLOYEE BENEFITS GROUP · Contract administratorindirect comp

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$70,006 · 0.59%
2023$70,928 · 0.63%
2022$70,660 · 0.63%
Similar plansProfessional & Technical Services · New York
Urban Justice Center NY$12.3M · 0.57%
Johannes Leonardo, LLC NY$12.2M · 0.38%
Pawling Corporation NY$12.2M · 0.37%
Ted Moudis Associates, Inc. NY$12.2M · 0.19%
Rpci Oncology, PC NY$12.1M · 0.46%
Fdm Group, Inc. NY$12.1M · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 133520095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.