Plan Ledger DOL Form 5500 · updated monthly

Industrial Marketing, Inc.401(k)

SLAY INDUSTRIES 401(K) RETIREMENT SAVINGS PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Industrial Marketing, Inc. reported $87,511 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,223 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 0.57% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 575th-largest of 1,393 plans among Missouri employers on file, and the 708th of 2,677 in transportation & warehousing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,296,240
Participants with balances317
Active participants257
Employer contributions$571,351
Employee contributions$979,836
Employer contribution per active participant$2,223
Average account balance$67,181
Benefits paid to participants$1,010,496
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 317 accts · $571K emplr
2023$18.0M · 268 accts · $547K emplr
2022$14.0M · 250 accts · $502K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$87,511
Total administrative$87,511
The Industrial Marketing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,223
Median for plans this size$2,416
2024$2,223 per active participant
2023$1,587 per active participant
2022$1,978 per active participant

Industrial Marketing, Inc.'s 2024 employer contribution ran below 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 · 20243
KRILOGY FINANCIAL, LLC · Investment advisory (plan)$34,438
HUNTLEIGH ADVISORS INC · Investment advisory (plan)$20,985
PENSION AND RETIREMENT SERVICES, LL · Contract administrator$2,000

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$87,511 · 0.44%
2023$62,899 · 0.39%
2022$89,909 · 0.57%
Same employer
Similar plansTransportation & Warehousing · Missouri
Contract Freighters, Inc. MO$35.5M · 0.31%
Tm Pay, Inc. MO$24.7M · 0.40%
Eshipping MO$18.6M · 0.51%
Tvs Scs North America, Inc. MO$13.0M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430903793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.