Plan Ledger DOL Form 5500 · updated monthly

Imi Management, Inc.ESOP

IMI MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLAN · GRANITE CITY, IL · plan year 2024

Employer contribution per participant · 2024
$998

Imi Management, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $63,552,966 across 317 participant accounts, with employer contributions averaging $998 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 768th-largest of 3,702 plans among Illinois employers on file, and the 2,239th of 11,654 in professional & technical services. active participation has grown from 174 to 296 since 2022.

Plan summary
Net assets, end of year$63,552,966
Participants with balances317
Active participants296
Employer contributions$295,277
Employee contributions—
Employer contribution per active participant$998
Average account balance$200,483
Benefits paid to participants$76,119
Plan auditUnmodified (clean) audit opinion
AuditorFRANKLIN & VAUGHN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$63.6M · 317 accts · $295K emplr
2023$25.3M · 227 accts · $295K emplr
2022$6.3M · 186 accts · $573K emplr
Employer contributions to the Imi Management, Inc. plan · 2024
Employer contribution per active participant$998
Median for plans this size$2,416
2024$998 per active participant
2023$1,367 per active participant
2022$3,291 per active participant

Imi Management, Inc.'s 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
IMI MANAGEMENT, INC. 401(K) RETIREMENT PLAN401(k)
IMI MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 263757179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.