Plan Ledger DOL Form 5500 · updated monthly

Imsar LLC401(k)

IMSAR LLC 401(K) PROFIT SHARING PLAN & TRUST · SPRINGVILLE, UT · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Imsar LLC reported $25,840 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $2,896 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 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (502nd of 848), and 9,410th of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,570,568
Participants with balances123
Active participants113
Employer contributions$327,254
Employee contributions$545,443
Employer contribution per active participant$2,896
Average account balance$69,679
Benefits paid to participants$530,843
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 123 accts · $327K emplr
2023$6.8M · 107 accts · $304K emplr
2022$5.5M · 118 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,549
Investment management$1,431
Trustee / custodial$860
Total administrative$25,840
The Imsar LLC 401(k) match · 2024
Employer contribution per active participant$2,896
Median for plans this size$1,313
2024$2,896 per active participant
2023$3,624 per active participant
2022$2,950 per active participant

Imsar LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
PAYCHEX, INC. · Recordkeeping$23,809

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$25,840 · 0.34%
2023$22,115 · 0.36%
2022$18,812 · 0.33%
Similar plansManufacturing · Utah
Sure Steel, Inc. UT$9.0M · 0.44%
Alfwear, Inc. UT$8.4M · 0.65%
Casper's Ice Cream, LLC UT$8.3M · 0.96%
Scientia Vascular Inc UT$7.3M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201852461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.