Plan Ledger DOL Form 5500 · updated monthly

Imre, LLC401(k)

IMRE, LLC 401(K) RETIREMENT PLAN · BALTIMORE, MD · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Imre, LLC reported $73,253 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,675 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 0.63% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (856th of 1,671), and 7,115th of 11,654 in professional & technical services. In 2023, employees put in $6.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,940,875
Participants with balances307
Active participants191
Employer contributions$319,967
Employee contributions$2,032,250
Employer contribution per active participant$1,675
Average account balance$42,153
Benefits paid to participants$3,629,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 234 accts · $372K emplr
2023$12.9M · 307 accts · $320K emplr
2022$11.2M · 275 accts · $211K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$44,460
Investment management$11,513
Total administrative$73,253
The Imre, LLC 401(k) match · 2023
Employer contribution per active participant$1,675
Median for plans this size$2,440
2024$3,026 per active participant
2023$1,675 per active participant
2022$1,059 per active participant

Imre, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,459
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$28,793

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

Administrative cost history3
2024$74,659 · 0.59%
2023$73,253 · 0.61%
2022$84,880 · 0.63%
Same employer
Similar plansProfessional & Technical Services · Maryland
Quotientsub, LLC MD$13.1M · 0.48%
Paradyme Management, Inc. MD$13.1M · 0.52%
Vantage Systems Inc MD$13.0M · 0.32%
Heitech Services, Inc. MD$13.0M · 0.60%
Dm Group, Inc. MD$12.9M · 0.40%
Lotame Solutions, Inc. MD$12.8M · 0.34%
Eba Engineering, Inc. MD$12.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522039359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.