Retirement plan

INTERFACE MEDIA GROUP, INC. 401(K) PLAN

Name: INTERFACE MEDIA GROUP, INC. - INTERFACE MEDIA GROUP, INC. 401(K) PLAN (2024) Form 5500
Creator: INTERFACE MEDIA GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERFACE MEDIA GROUP, INC. 401(K) PLAN, INTERFACE MEDIA GROUP, INC.

INTERFACE MEDIA GROUP, INC.EIN 20-8480534Plan #001PY 2024

1233 20TH STREET NW - WASHINGTON, DC 200362304202-861-0500interfacemedia.comLinkedIn11-50 employeesmedia production

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.4M

+12.6% from 2023

Total participants

-3.3% from 2023

Average account balance

$121,443

+16.5% from 2023

Annual return

15.79%

-5.14 pp from 2023

Benchmarks

See 3,229 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,229 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.44M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$268K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6604

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 codes2G2J

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$568K

$16704 / participant

Other / not subdivided$568K100.0%

% of EOY assets

5.438%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$121,443

$77,523+56.7%

$100,383+21.0%

$80,874+50.2%

Participation rate

91.2%

77.0%+14.2pp

81.5%+9.7pp

67.6%+23.5pp

Annual return

15.79%

37.21%-21.4pp

49.26%-33.5pp

35.62%-19.8pp

Employer contribution / active EE

$2,801-100.0%

$3,944-100.0%

$2,756-100.0%

Participant deferral / active EE

$7,881

$6,822+15.5%

$8,086-2.5%

$4,297+83.4%

Admin fee / account holder

$6,604

$5,899+12.0%

$7,900-16.4%

$6,935-4.8%

INTERFACE MEDIA GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERFACE MEDIA GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion