Plan Ledger DOL Form 5500 · updated monthly

Imc Companies, LLC401(k)

IMC COMPANIES, LLC RETIREMENT PLAN · COLLIERVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Imc Companies, LLC reported $350,492 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,853 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 3 years on file its reported administrative ratio has held roughly steady near 0.61%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 248th-largest of 1,496 plans among Tennessee employers on file, and the 333rd of 2,677 in transportation & warehousing. In 2024, the employer put in $3.08 for every $1.00 employees contributed themselves; active participation has grown from 1,399 to 1,644 since 2022.

Plan summary
Net assets, end of year$61,973,858
Participants with balances1,854
Active participants1,644
Employer contributions$6,333,953
Employee contributions$2,059,273
Employer contribution per active participant$3,853
Average account balance$33,427
Benefits paid to participants$7,487,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.0M · 1,854 accts · $6.3M emplr
2023$53.0M · 1,604 accts · $1.9M emplr
2022$40.7M · 1,521 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$254,727
Investment management$95,557
Trustee / custodial$208
Total administrative$350,492
The Imc Companies, LLC 401(k) match · 2024
Employer contribution per active participant$3,853
Median for plans this size$3,635
2024$3,853 per active participant
2023$1,316 per active participant
2022$1,195 per active participant

Imc Companies, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$254,720
CETERA INVESTMENT ADVISERS, LLC · Investment advisory (plan)$95,557

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$350,492 · 0.61%
2023$277,508 · 0.59%
2022$247,564 · 0.59%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Big G Holdings, Inc. TN$88.5M · 0.09%
Covenant Transport, Inc. TN$85.1M · 0.29%
Firstfleet, Inc TN$48.4M · 0.71%
Kc Piggyback Holdings, LLC TN$40.0M · 0.34%
V Alexander & Co., Inc. TN$36.0M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201374088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.