Plan Snapshot
- Plan Sponsor: Image Environmental, INC.
- Sponsor EIN: 263585099
- Sponsor Address: 2990 SANDBROOK ST, MEMPHIS, TN, 38116
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 54
- Total Assets: $75,183
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 54 | $75,183 | $193,065 | $354,282 |
| 2023 | 38 | $135,678 | $82,996 | $227,653 |
| 2022 | 49 | $18,764 | $31,168 | $1,272 |
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 |
|---|---|---|---|---|
| ACS BENEFIT SERVICES, LLC | Other Service Provider | $27,065 | — | $27,065 |
| THE BENECON GROUP LLC | Investment Advisor | $21,589 | — | $21,589 |
| STREAMLINE ENTERPRISES, LLC DBA CAN | Investment Advisor | $21,000 | — | $21,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,654
- Estimated Expense Ratio: 92.646% 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 |
|---|---|---|---|---|---|
| 2024 | $423,136 | — | — | — | — |
| 2023 | $497,635 | — | — | — | — |
| 2022 | $14,923 | — | — | — | — |