Plan Ledger DOL Form 5500 · updated monthly

Impax Asset Management LLCProfit-sharing plan

IMPAX ASSET MANAGEMENT 401(K) RETIREMENT PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Impax Asset Management LLC reported $12,550 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,684 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 1 year on file its reported administrative ratio fell from 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 131st-largest of 411 plans among New Hampshire employers on file, and 2,436th of 4,798 in finance & insurance. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,614,138
Participants with balances141
Active participants111
Employer contributions$852,877
Employee contributions$1,551,604
Employer contribution per active participant$7,684
Average account balance$210,029
Benefits paid to participants$3,071,965
Plan auditUnmodified (clean) audit opinion
AuditorBAKER NEWMAN NOYES LLC
Plan history2
Yearassets · accounts · employer contribution
2024$29.6M · 141 accts · $853K emplr
2023$26.5M · 141 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,683
Trustee / custodial$6,474
Total administrative$12,550
Employer contributions to the Impax Asset Management LLC plan · 2024
Employer contribution per active participant$7,684
Median for plans this size$2,416
2024$7,684 per active participant
2023$9,076 per active participant

Impax Asset Management LLC's 2024 employer contribution ran above the $2,416 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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$5,683
FIDELITY PERSONAL TRUST COMPANY FSB · Custodial (securities) · Trustee$6,867

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history2
2024$12,550 · 0.04%
2023$12,131 · 0.05%
Same employer
Similar plansFinance & Insurance · New Hampshire
Bank of New Hampshire NH$50.7M · 0.10%
Northeast Credit Union NH$39.9M · 0.01%
Alliance Holdings, Inc. NH$28.1M · 0.35%
St. Mary's Bank NH$23.8M · 0.32%
Northway Bank NH$22.8M
Ledyard National Bank NH$21.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271374824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.