Plan Ledger DOL Form 5500 · updated monthly

Immec Inc.401(k)

IMMEC INC. 401(K) PLAN · SOCIAL CIRCLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Immec Inc. reported $38,129 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $2,944 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 fell from 0.85% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,412th of 2,160), and 9,875th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,571,905
Participants with balances105
Active participants114
Employer contributions$335,626
Employee contributions$665,399
Employer contribution per active participant$2,944
Average account balance$72,113
Benefits paid to participants$1,371,480
Plan auditUnmodified (clean) audit opinion
AuditorTHE HOBBS GROUP, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 105 accts · $336K emplr
2023$6.9M · 118 accts · $363K emplr
2022$5.3M · 130 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,129
Total administrative$38,129
The Immec Inc. 401(k) match · 2024
Employer contribution per active participant$2,944
Median for plans this size$1,313
2024$2,944 per active participant
2023$2,976 per active participant
2022$3,186 per active participant

Immec Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$38,129
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$38,129 · 0.53%
2023$45,396 · 0.74%
2022$46,142 · 0.85%
Same employer
Similar plansManufacturing · Georgia
Exhibitus, Inc. GA$7.6M · 0.44%
Fpl Food, LLC GA$7.5M · 2.78%
Kumho Tire Georgia GA$7.3M · 2.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201260381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.