Plan Ledger DOL Form 5500 · updated monthly

Imperial Manufacturing Group401(k)

IMG USA, INC. 401(K) PLAN · ALTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Imperial Manufacturing Group reported $34,455 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,015 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 1.08% to 0.88%. 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 Illinois (3,043rd of 3,702), and 11,581st of 13,661 in manufacturing. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,307,656
Participants with balances114
Active participants206
Employer contributions$209,115
Employee contributions$323,259
Employer contribution per active participant$1,015
Average account balance$37,786
Benefits paid to participants$158,930
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 114 accts · $209K emplr
2023$3.5M · 118 accts · $206K emplr
2022$2.8M · 118 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,221
Investment management$19,560
Trustee / custodial$674
Total administrative$34,455
The Imperial Manufacturing Group 401(k) match · 2024
Employer contribution per active participant$1,015
Median for plans this size$1,313
2024$1,015 per active participant
2023$1,034 per active participant
2022$1,088 per active participant

Imperial Manufacturing Group's 2024 employer contribution ran below the $1,313 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
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$14,221
CRUMLY AND ASSOCIATES INCORPORATED, · Investment advisory (participants) · Investment advisory (plan)$19,560
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$674

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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Administrative cost history3
2024$34,455 · 0.88%
2023$29,975 · 0.95%
2022$32,069 · 1.08%
Same employer
Similar plansManufacturing · Illinois
United Scrap Metal, Inc. IL$4.4M · 0.98%
Cat-I Manufacturing, Inc. IL$4.4M · 0.27%
Simplex, Inc. IL$4.3M · 0.25%
Fox Valley Molding, Inc. IL$4.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273301886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.