Plan Ledger DOL Form 5500 · updated monthly

Imedia Brands, Inc.401(k)

IMEDIA BRANDS, INC. 401(K) RETIREMENT PLAN · EDEN PRAIRIE, MN · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Imedia Brands, Inc. reported $186,625 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,311 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 570th-largest of 1,918 plans among Minnesota employers on file, and the 778th of 5,215 in retail trade. In 2022, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,565,082
Participants with balances1,309
Active participants699
Employer contributions$916,704
Employee contributions$2,856,219
Employer contribution per active participant$1,311
Average account balance$30,989
Benefits paid to participants$6,019,103
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$38,000
Professional / advisory$18,743
Total administrative$186,625
The Imedia Brands, Inc. 401(k) match · 2022
Employer contribution per active participant$1,311
Median for plans this size$2,266

Imedia Brands, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$186,625 · 0.40%
Similar plansRetail Trade · Minnesota
Twin Cities Automotive, LLC MN$48.1M · 0.25%
Scherer Bros Lumber Co MN$47.7M · 0.01%
IV Media LLC MN$44.6M · 0.40%
L & M Supply, Inc. MN$40.4M · 0.40%
Bachman's Inc. MN$39.1M · 0.15%
Apple Valley Ford, Inc. MN$33.9M · 0.05%
Astrup Drug, Inc. MN$33.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411673770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.