Plan Snapshot
- Plan Sponsor: Imre, LLC
- Sponsor EIN: 522039359
- Sponsor Address: 210 W PENNSYLVANIA AVE, BALTIMORE, MD, 212045325
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 123 | $12.5M | $372,165 | $1.8M |
| 2023 | 191 | $12.9M | $319,967 | $2.0M |
| 2022 | 199 | $11.2M | $210,799 | $2.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $42,508 | — | $42,508 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $32,151 | $17 | $32,168 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,676
- Estimated Expense Ratio: 0.597% 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 | $74,659 | $12,860 | $42,508 | — | — |
| 2023 | $73,253 | $11,513 | $44,460 | — | — |
| 2022 | $84,880 | $13,818 | $50,335 | — | $20,727 |