Plan Ledger DOL Form 5500 · updated monthly

Management Services of Ima Greenville, Inc.401(k)

MANAGEMENT SERVICES OF IMA GREENVILLE, INC. RETIREMENT SAVINGS PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Management Services of Ima Greenville, Inc. reported $50,102 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,401 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 3 years on file its reported administrative ratio has held roughly steady near 0.465%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 400th-largest of 807 plans among South Carolina employers on file, and the 5,277th of 11,911 in health care & social assistance. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 124 to 145 since 2022.

Plan summary
Net assets, end of year$11,534,815
Participants with balances170
Active participants145
Employer contributions$348,092
Employee contributions$292,444
Employer contribution per active participant$2,401
Average account balance$67,852
Benefits paid to participants$738,398
Plan auditUnmodified (clean) audit opinion
AuditorELLIOT DAVIS
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 170 accts · $348K emplr
2023$10.0M · 150 accts · $321K emplr
2022$9.3M · 152 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,075
Investment management$16,027
Total administrative$50,102
The Management Services of Ima Greenville, Inc. 401(k) match · 2024
Employer contribution per active participant$2,401
Median for plans this size$2,416
2024$2,401 per active participant
2023$2,635 per active participant
2022$2,362 per active participant

Management Services of Ima Greenville, 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
ASCENSUS LLC · Recordkeeping$34,075
ONE DIGITAL INVESTMENT ADV. · Investment advisory (plan)$16,027

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$50,102 · 0.46%
2023$45,981 · 0.48%
2022$48,358 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Wilson Senior Care, Inc. SC$11.6M · 0.18%
Babcock Center, Inc. SC$11.3M · 1.05%
Family Health Centers, Inc. SC$10.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571077097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.