Plan Ledger DOL Form 5500 · updated monthly

Imperial Clinical Research Services, LLC401(k)

IMPERIAL CLINICAL RESEARCH SERVICES, INC. RETIREMENT PROGRAM · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Imperial Clinical Research Services, LLC reported $35,830 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,626 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 0.18% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 910th-largest of 2,619 plans among Michigan employers on file, and the 5,258th of 13,661 in manufacturing. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,031,575
Participants with balances135
Active participants78
Employer contributions$204,791
Employee contributions$623,435
Employer contribution per active participant$2,626
Average account balance$178,012
Benefits paid to participants$3,293,032
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 135 accts · $205K emplr
2023$23.4M · 134 accts · $203K emplr
2022$21.3M · 137 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,564
Investment management$5,266
Total administrative$35,830
The Imperial Clinical Research Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,626
Median for plans this size$2,416
2024$2,626 per active participant
2023$2,819 per active participant
2022$2,248 per active participant

Imperial Clinical Research Services, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$30,564
ONEAMERICA INVESTMENT ADVISORY SERV · Investment advisory (plan)$5,266
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$35,830 · 0.15%
2023$39,850 · 0.18%
2022$42,475 · 0.18%
Similar plansManufacturing · Michigan
Aero Test Group MI$24.6M · 0.25%
Cog Marketers, LTD MI$24.5M · 0.05%
Nagel Precision Inc MI$24.4M · 0.00%
Petoskey Plastics, Inc. MI$23.9M · 0.53%
The Magni Group, Inc. MI$23.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381795049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.