Plan Ledger DOL Form 5500 · updated monthly

Ims Consulting & Expert Services, LLC401(k)

IMS CONSULTING & EXPERT SERVICES, LLC 401(K) PROFIT SHARING PLAN · PENSACOLA, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Ims Consulting & Expert Services, LLC reported $93,355 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,848 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 0.48% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 922nd-largest of 3,644 plans among Florida employers on file, and the 505th of 2,534 in administrative & support services. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 237 to 345 since 2022.

Plan summary
Net assets, end of year$25,712,953
Participants with balances293
Active participants345
Employer contributions$982,653
Employee contributions$2,294,390
Employer contribution per active participant$2,848
Average account balance$87,758
Benefits paid to participants$4,440,137
Plan auditUnmodified (clean) audit opinion
AuditorAVIZO GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 293 accts · $983K emplr
2023$23.9M · 293 accts · $893K emplr
2022$17.1M · 218 accts · $651K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,342
Investment management$4,013
Total administrative$93,355
The Ims Consulting & Expert Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,848
Median for plans this size$2,416
2024$2,848 per active participant
2023$2,650 per active participant
2022$2,745 per active participant

Ims Consulting & Expert 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 · 20242
THE PENSION CENTER OF FLORIDA · Accounting / audit · Pension consultingindirect comp
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect 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
2024John Hancock, THE PENSION CENTER OF FLORIDA
2023John Hancock, THE PENSION CENTER OF FLORIDA

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

Administrative cost history3
2024$93,355 · 0.38%
2023$75,657 · 0.37%
2022$82,737 · 0.48%
Same employer
Similar plansAdministrative & Support Services · Florida
Harvard Maintenance, Inc. FL$29.4M · 0.25%
Vision HR II, Inc FL$27.1M · 0.72%
The Csi Companies, Inc. FL$24.6M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841204705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.