Plan Ledger DOL Form 5500 · updated monthly

Innomark Communications LLC401(k)

INNOMARK COMMUNICATIONS 401(K) EMPLOYEE BENEFIT PLAN · MIAMISBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Innomark Communications LLC reported $97,880 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $871 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 0.61% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,320th-largest of 3,295 plans among Ohio employers on file, and the 5,539th of 11,654 in professional & technical services. In 2024, employees put in $4.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,019,787
Participants with balances385
Active participants334
Employer contributions$290,973
Employee contributions$1,328,094
Employer contribution per active participant$871
Average account balance$51,999
Benefits paid to participants$1,778,286
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE & SCHOENFELD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 385 accts · $291K emplr
2023$16.8M · 387 accts · $292K emplr
2022$14.7M · 427 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,842
Investment management$56,038
Total administrative$97,880
The Innomark Communications LLC 401(k) match · 2024
Employer contribution per active participant$871
Median for plans this size$2,416
2024$871 per active participant
2023$809 per active participant
2022$719 per active participant

Innomark Communications LLC'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
ASCENSUS LLC · Loan processing · Recordkeeping$17,513
ATOMI FINANCIAL DBA COMPOUND PLANNI · Investment advisory (plan)$56,038
LINCOLN NATIONAL CORPORATION · Contract administrator$24,329

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$97,880 · 0.53%
2023$133,820 · 0.85%
2022$95,652 · 0.61%
Same employer
Similar plansProfessional & Technical Services · Ohio
Shared Services, LLC OH$20.7M · 0.31%
Infoverity U.S., Inc. OH$20.0M · 0.06%
Vocon Design, Inc. OH$19.8M · 0.39%
Kreber Graphics, Inc. OH$19.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311730555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.