Plan Ledger DOL Form 5500 · updated monthly

Ims Marketing, Inc. D/B/A Insurance Management Services401(k)

INSURANCE MANAGEMENT SERVICES 401(K) PLAN · AMARILLO, TX · plan year 2022

Reported admin expense ratio · 2022
0.50%

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

Ims Marketing, Inc. D/B/A Insurance Management Services reported $50,638 in plan administrative expenses for 2022: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.50% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (3,157th of 5,688), and 4,047th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$9,364,787
Participants with balances99
Active participants86
Employer contributions$0
Employee contributions$217,917
Employer contribution per active participant$0
Average account balance$94,594
Benefits paid to participants$343,856
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHELDON, PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$6.5M · 116 accts · $310K emplr
2022$9.4M · 99 accts
The Ims Marketing, Inc. D/B/A Insurance Management Services 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Ims Marketing, Inc. D/B/A Insurance Management Services'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 history2
2024$23,315 · 0.28%
2022$50,638 · 0.50%
Similar plansFinance & Insurance · Texas
Nextpoint Financial, Inc. TX$9.9M · 1.10%
Ntfn, Inc. TX$9.5M · 0.03%
Bc&L, Inc. TX$9.2M · 0.20%
Crowdstreet, Inc. TX$9.2M · 0.46%
Cis Group, LLC TX$8.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752355889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.