Plan Snapshot
- Plan Sponsor: I.M. Systems Group, INC.
- Sponsor EIN: 521520658
- Sponsor Address: 3206 TOWER OAKS BLVD., SUITE 300, ROCKVILLE, MD, 20852
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 300
- Total Assets: $48.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 300 | $48.7M | $0 | $0 |
| 2024 | 60 | $52.6M | $218,486 | $886,662 |
| 2023 | 65 | $49.0M | $244,874 | $953,944 |
| 2022 | 63 | $44.6M | $641,154 | $2.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | Other Service Provider | $106,458 | — | $106,458 |
| MORNINGSTAR INVESTMENT MANAGEMENT | Other Service Provider | $52,323 | — | $52,323 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $158,781
- Estimated Expense Ratio: 0.326% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $11,112,372 | $52,323 | — | — | — |
| 2024 | $158,924 | — | — | — | — |
| 2023 | $145,691 | $51,054 | — | — | — |
| 2022 | $164,555 | — | — | — | — |