Plan Ledger DOL Form 5500 · updated monthly

Imagine Schools, Inc.401(k)

IMAGINE SCHOOLS, INC. 401(K) RETIREMENT SAVINGS PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Imagine Schools, Inc. reported $103,052 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,193 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 0.06% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 258th-largest of 2,266 plans among Virginia employers on file, and the 482nd of 3,091 in educational services. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 2,714 to 3,358 since 2022.

Plan summary
Net assets, end of year$110,873,388
Participants with balances2,847
Active participants3,358
Employer contributions$4,005,239
Employee contributions$5,455,913
Employer contribution per active participant$1,193
Average account balance$38,944
Benefits paid to participants$8,189,584
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN
Plan history3
Yearassets · accounts · employer contribution
2024$110.9M · 2,847 accts · $4.0M emplr
2023$96.0M · 2,805 accts · $3.5M emplr
2022$79.8M · 2,671 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,616
Investment management$25,436
Total administrative$103,052
The Imagine Schools, Inc. 401(k) match · 2024
Employer contribution per active participant$1,193
Median for plans this size$3,635
2024$1,193 per active participant
2023$1,145 per active participant
2022$1,232 per active participant

Imagine Schools, Inc.'s 2024 employer contribution ran below the $3,635 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
ASCENSUS LLC · Loan processing$77,616
GWN SECURITIES, INC · Investment advisory (plan)$17,183
MESIROW · Investment advisory (plan)$8,253

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$103,052 · 0.10%
2023$26,300 · 0.03%
2022$52,591 · 0.06%
Same employer
Similar plansEducational Services · Virginia
The Potomac School VA$131.5M · 0.04%
Novateur Education, Inc. VA$124.1M · 0.16%
Hampden-Sydney College VA$117.6M · 0.09%
Collegiate School VA$115.5M · 0.14%
Regent University VA$95.0M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043466383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.