Plan Ledger DOL Form 5500 · updated monthly

Ims Companies, LLC401(k)

IMS COMPANIES, LLC RETIREMENT SAVINGS PLAN · DES PLAINES, IL · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Ims Companies, LLC reported $154,556 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $489 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 3 years on file its reported administrative ratio has held roughly steady near 0.613%. 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 1,440th-largest of 3,702 plans among Illinois employers on file, and the 4,944th of 13,661 in manufacturing. In 2024, employees put in $6.49 for every $1.00 the employer contributed; active participation has grown from 432 to 526 since 2022.

Plan summary
Net assets, end of year$26,319,138
Participants with balances412
Active participants526
Employer contributions$257,131
Employee contributions$1,668,635
Employer contribution per active participant$489
Average account balance$63,881
Benefits paid to participants$2,758,244
Plan auditUnmodified (clean) audit opinion
AuditorCJG PARTNERS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 412 accts · $257K emplr
2023$24.1M · 409 accts · $263K emplr
2022$20.0M · 399 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,113
Investment management$59,943
Audit (IQPA)$17,500
Total administrative$154,556
The Ims Companies, LLC 401(k) match · 2024
Employer contribution per active participant$489
Median for plans this size$2,416
2024$489 per active participant
2023$618 per active participant
2022$574 per active participant

Ims Companies, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$77,113
WINTRUST INVESTMENTS LLC · Investment advisory (plan)$59,943
CHARLES J. GRIES & C · Accounting / audit$17,500

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$154,556 · 0.61%
2023$128,085 · 0.58%
2022$137,067 · 0.61%
Same employer
Similar plansManufacturing · Illinois
Watersaver Faucet Co. IL$27.1M · 0.02%
Bisco, Inc. IL$26.7M · 0.27%
Material Control, Inc. IL$26.5M · 0.18%
John Boos & Co. IL$26.3M · 0.31%
Engis Corporation IL$25.9M · 0.55%
Martin Automatic, Inc. IL$25.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320045199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.