Retirement plan

IMAC HOSPITALITY GROUP, INC. 401K PLAN

Name: IMAC HOSPITALITY GROUP, INC. - IMAC HOSPITALITY GROUP, INC. 401K PLAN (2025) Form 5500
Creator: IMAC HOSPITALITY GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IMAC HOSPITALITY GROUP, INC. 401K PLAN, IMAC HOSPITALITY GROUP, INC.

IMAC HOSPITALITY GROUP, INC.EIN 20-4089914Plan #001PY 2025

196 MAIN STREET - FARMINGDALE, NY 11735516-249-0140

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$207K

+38.2% from 2024

Total participants

+25.0% from 2024

Average account balance

$41,394

+10.6% from 2024

Annual return

15.67%

-2.30 pp from 2024

Benchmarks

See 12,498 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort12,498 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$207K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$41K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.67%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J2R3D

Plan features

2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,394

$67,823-39.0%

$52,425-21.0%

$137,256-69.8%

Participation rate

100.0%

63.9%+36.1pp

55.6%+44.4pp

80.0%+20.0pp

Annual return

15.67%

219.11%-203.4pp

302.12%-286.5pp

220.34%-204.7pp

Employer contribution / active EE

$750

$1,163-35.5%

$914-18.0%

$4,156-82.0%

Participant deferral / active EE

$6,000

$2,288+162.2%

$1,790+235.1%

$6,407-6.3%

Admin fee / account holder

$2,844-100.0%

$2,495-100.0%

$12,270-100.0%

IMAC HOSPITALITY GROUP, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

IMAC HOSPITALITY GROUP, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion