Plan Ledger DOL Form 5500 · updated monthly

Integrated Mill Systems, Inc.401(k)

INTEGRATED MILL SYSTEMS, INC. 401(K) PLAN · WILLOUGHBY, OH · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Integrated Mill Systems, Inc. reported $54,520 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,309 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 has held roughly steady near 0.379%. 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 1,553rd-largest of 3,295 plans among Ohio employers on file, and 6,383rd of 11,654 in professional & technical services. In 2024, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,847,316
Participants with balances118
Active participants120
Employer contributions$277,069
Employee contributions$809,533
Employer contribution per active participant$2,309
Average account balance$134,299
Benefits paid to participants$276,551
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.8M · 118 accts · $277K emplr
2023$12.9M · 111 accts · $292K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,732
Investment management$32,788
Total administrative$54,520
The Integrated Mill Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,309
Median for plans this size$2,416
2024$2,309 per active participant
2023$2,676 per active participant

Integrated Mill Systems, 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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$32,788
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,731

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$54,520 · 0.38%
2023$45,097 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Ohio
Qbase Holdings, L.L.C. OH$16.3M · 0.04%
Mainthia Technologies, Inc. OH$15.9M · 0.11%
Spr Therapeutics, Inc. OH$15.6M · 0.16%
Parker Trutec Incorporated OH$15.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341719398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.