Plan Ledger DOL Form 5500 · updated monthly

Intermex Wire Transfer, LLC401(k)

INTERMEX WIRE TRANSFER LLC 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Intermex Wire Transfer, LLC reported $31,056 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $715 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 rose from 0.04% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,769th-largest of 3,644 plans among Florida employers on file, and 3,974th of 4,798 in finance & insurance. In 2024, employees put in $5.47 for every $1.00 the employer contributed; active participation has grown from 263 to 299 since 2022.

Plan summary
Net assets, end of year$10,095,769
Participants with balances184
Active participants299
Employer contributions$213,688
Employee contributions$1,169,648
Employer contribution per active participant$715
Average account balance$54,868
Benefits paid to participants$1,605,394
Plan auditUnmodified (clean) audit opinion
AuditorPAAST, P.L.
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 184 accts · $214K emplr
2023$9.0M · 216 accts · $132K emplr
2022$6.6M · 167 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,197
Investment management$25,512
Total administrative$31,056
The Intermex Wire Transfer, LLC 401(k) match · 2024
Employer contribution per active participant$715
Median for plans this size$1,313
2024$715 per active participant
2023$499 per active participant
2022$722 per active participant

Intermex Wire Transfer, LLC's 2024 employer contribution ran below the $1,313 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
HAYS FINANCIAL GROUP$25,512

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$31,056 · 0.32%
2023$2,750 · 0.04%
2022$2,475 · 0.04%
Same employer
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Venuplus Inc. FL$10.6M · 0.52%
Radifi Federal Credit Union FL$10.3M · 0.21%
Archwell Essentials FL$10.2M · 0.13%
Professional Bank FL$10.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010624790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.