Plan Ledger DOL Form 5500 · updated monthly

Imagine Elc Holdings, Lnc.ESOP

IMAGINE EARLY LEARNING CENTERS EMPLOYEE STOCK OWNERSHIP PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
2.43%

Imagine Elc Holdings, Lnc. reported $76,051 in plan administrative expenses for 2024: 2.43% of average plan assets, higher than ~90% 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.

Across the 2 years on file its reported administrative ratio rose from 0.87% to 2.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,784th of 5,648), and 8,901st of 11,911 in health care & social assistance. active participation has grown from 126 to 149 since 2022.

Plan summary
Net assets, end of year$3,519,892
Participants with balances184
Active participants149
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$19,130
Benefits paid to participants$19,113
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 184 accts
2023$2.7M · 165 accts
2022$2.3M · 132 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,810
Total administrative$76,051
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
GRASSI AND CO · Accounting / audit$51,416
NEWPORT GROUP, INC. · Plan administrator$10,810
ESOP FIDUCIARIES, INC. · Trustee (discretionary)$9,000

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$76,051 · 2.43%
2023$27,790 · 1.10%
2022$17,467 · 0.87%
Similar plansHealth Care & Social Assistance · New York
Gotham Per Diem, Inc. NY$3.5M · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823583612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.