Plan Ledger DOL Form 5500 · updated monthly

Reimagined Parking, Inc401(k)

REIMAGINED PARKING INC, 401K PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Reimagined Parking, Inc reported $69,427 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $360 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 0.25% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 958th-largest of 3,644 plans among Florida employers on file, and the 883rd of 3,341 in other services. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has shrunk from 6,618 to 3,540 since 2022.

Plan summary
Net assets, end of year$24,602,410
Participants with balances1,038
Active participants3,540
Employer contributions$1,272,877
Employee contributions$2,114,798
Employer contribution per active participant$360
Average account balance$23,702
Benefits paid to participants$3,825,504
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 1,038 accts · $1.3M emplr
2023$22.6M · 1,032 accts · $787K emplr
2022$20.9M · 1,087 accts · $890K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,810
Investment management$8,617
Total administrative$69,427
The Reimagined Parking, Inc 401(k) match · 2024
Employer contribution per active participant$360
Median for plans this size$2,416
2024$360 per active participant
2023$162 per active participant
2022$134 per active participant

Reimagined Parking, Inc'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 · 20242
AMERITAS LIFE INS CORP · Recordkeeping · Loan processing$60,811
SWBC INVESTMENT ADVISORY SER. LLC · Investment advisory (plan)$8,617

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$69,427 · 0.29%
2023$67,472 · 0.31%
2022$58,924 · 0.25%
Similar plansOther Services · Florida
Softserve, Inc. FL$25.9M · 0.41%
Sma Healthcare, Inc. FL$25.6M · 0.29%
American Welding Society FL$24.6M · 0.19%
Cosmo International Corp FL$22.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472770165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.