Plan Ledger DOL Form 5500 · updated monthly

Indelible Management Solutions, Inc.401(k)

INDELIBLE SOLUTIONS 401(K) PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
1.78%

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

Indelible Management Solutions, Inc. reported $55,111 in plan administrative expenses for 2024: 1.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,786 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 1 year on file its reported administrative ratio rose from 1.48% to 1.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,788th of 3,644), and 10,344th of 11,654 in professional & technical services. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,532,396
Participants with balances130
Active participants102
Employer contributions$386,134
Employee contributions$628,839
Employer contribution per active participant$3,786
Average account balance$27,172
Benefits paid to participants$659,292
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.5M · 130 accts · $386K emplr
2023$2.7M · 157 accts · $524K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,084
Investment management$2,444
Total administrative$55,111
The Indelible Management Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$3,786
Median for plans this size$1,313
2024$3,786 per active participant
2023$3,339 per active participant

Indelible Management Solutions, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,234
ECONOMIC GROUP PENSION SERVICES INC · Contract administrator · Other services$8,700
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$7,027

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

Administrative cost history2
2024$55,111 · 1.78%
2023$29,413 · 1.48%
Same employer
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Ltc Pharma Hldg LLC FL$3.7M · 0.58%
Sonobi Inc. FL$3.5M · 0.72%
Hemmersbach US, LLC FL$3.4M · 0.80%
Target Surveying, LLC FL$3.4M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881443733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.