Plan Ledger DOL Form 5500 · updated monthly

Ims Recycling Services, Inc.401(k)

IMS RECYCLING SERVICES, INC. 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Ims Recycling Services, Inc. reported $26,478 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $811 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 0.144%. 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 3,687th-largest of 9,483 plans among California employers on file, and the 624th of 2,534 in administrative & support services. In 2024, employees put in $5.78 for every $1.00 the employer contributed; active participation has grown from 293 to 329 since 2022.

Plan summary
Net assets, end of year$19,637,546
Participants with balances382
Active participants329
Employer contributions$266,890
Employee contributions$1,541,774
Employer contribution per active participant$811
Average account balance$51,407
Benefits paid to participants$1,377,294
Plan auditUnmodified (clean) audit opinion
AuditorLEVITZACKS CPAS. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 382 accts · $267K emplr
2023$17.2M · 350 accts · $249K emplr
2022$14.5M · 354 accts · $223K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,478
Total administrative$26,478
The Ims Recycling Services, Inc. 401(k) match · 2024
Employer contribution per active participant$811
Median for plans this size$2,416
2024$811 per active participant
2023$839 per active participant
2022$761 per active participant

Ims Recycling Services, Inc.'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
MJM401K, LLC · Investment advisory (plan)$15,350
CHARLES SCHWAB TRUST COMPANY · Custodial (securities) · Trustee (directed)$9,345

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$26,478 · 0.14%
2023$24,425 · 0.15%
2022$20,900 · 0.14%
Similar plansAdministrative & Support Services · California
R.H. Peterson Co. CA$21.2M · 0.02%
Judy Madrigal & Associates CA$21.1M · 1.08%
Outsource, LLC CA$20.2M · 1.02%
Traffic Management, Inc. CA$19.4M · 0.56%
Envent Corporation CA$19.3M · 0.62%
Staffing Partners Holdings CA$19.3M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951929832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.