Plan Ledger DOL Form 5500 · updated monthly

Impressions, Inc401(k)

IMPRESSIONS INCORPORATED PROFIT SHARING AND SAVINGS PLAN · ST. PAUL, MN · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Impressions, Inc reported $94,471 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $756 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 0.24% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 639th-largest of 1,918 plans among Minnesota employers on file, and the 4,155th of 13,661 in manufacturing. In 2022, employees put in $6.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,562,802
Participants with balances233
Active participants200
Employer contributions$151,116
Employee contributions$963,170
Employer contribution per active participant$756
Average account balance$144,046
Benefits paid to participants$5,642,868
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$31.3M · 216 accts · $138K emplr
2022$33.6M · 233 accts · $151K emplr
Administrative expenses, itemized · 2022
Investment management$61,000
Total administrative$94,471
The Impressions, Inc 401(k) match · 2022
Employer contribution per active participant$756
Median for plans this size$2,266
2023$658 per active participant
2022$756 per active participant

Impressions, Inc's 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$120,990 · 0.37%
2022$94,471 · 0.24%
Same employer
Similar plansManufacturing · Minnesota
Edco Products, Incorporated MN$34.8M · 0.14%
Nuaire, Inc. MN$34.3M · 0.23%
Branding Iron Holdings MN$34.1M · 0.38%
Nordic Fiberglass, Inc. MN$33.7M · 0.01%
Computype, Inc. MN$33.3M · 0.04%
Multi-Tech Systems, Inc. MN$32.4M · 0.31%
Arkray America MN$32.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410916667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.