Plan Ledger DOL Form 5500 · updated monthly

Impel Pharmaceuticals Inc.401(k)

IMPEL PHARMACEUTICALS INC. · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Impel Pharmaceuticals Inc. reported $2,450 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,456 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 rose from 0.02% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,114th of 1,714), and 9,138th of 13,661 in manufacturing. In 2023, employees put in $2.37 for every $1.00 the employer contributed; active participation has shrunk from 158 to 63 since 2022.

Plan summary
Net assets, end of year$9,212,603
Participants with balances136
Active participants63
Employer contributions$847,718
Employee contributions$2,006,911
Employer contribution per active participant$13,456
Average account balance$67,740
Benefits paid to participants$2,403,958
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $50K emplr
2023$9.2M · 136 accts · $848K emplr
2022$6.9M · 160 accts · $765K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,450
Total administrative$2,450
The Impel Pharmaceuticals Inc. 401(k) match · 2023
Employer contribution per active participant$13,456
Median for plans this size$1,308
2023$13,456 per active participant
2022$4,842 per active participant

Impel Pharmaceuticals Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$2,450

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024Not separately reported
2023$2,450 · 0.03%
2022$1,050 · 0.02%
Same employer
Similar plansManufacturing · Washington
Omada International, LLC WA$9.4M · 0.69%
Magnix USA, Inc. WA$9.4M · 0.03%
Loud Audio, LLC WA$9.2M · 0.63%
Blaser Die Casting Co. WA$9.1M · 0.50%
Controltek, Inc. WA$9.1M · 0.85%
Cdr Manufacturing, LLC WA$9.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263058238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.