Retirement plan

IMSCORP SALARY SAVINGS PLAN

Name: IMSCORP - IMSCORP SALARY SAVINGS PLAN (2015) Form 5500
Creator: IMSCORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IMSCORP SALARY SAVINGS PLAN, IMSCORP

IMSCORPEIN 47-0792061Plan #001PY 2015

603 L STREET - LINCOLN, NE 68508402-474-3353imscorp.comLinkedIn51-200 employeesexecutive office

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.7M

No prior year

Total participants

102

No prior year

Average account balance

$43,373

No prior year

Annual return

-2.75%

No prior year

Benchmarks

See 13,686 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort13,686 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.58M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

75.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$521K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5738

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

Top 3 by compensation

Provider	Service type	Compensation
UNION BANK & TRUST COMPANY1+ years Service code 12 · EIN 47-0321480	Participant loan processing; Claims p...	$22,074
SEIM JOHNSON, LLP1+ years Filed as: SEIM JOHNSON LLP Service code 10 18081 BURT STREET SUITE 200 · OMAHA, NE 68022	Accounting	$10,750
MATRIX CLEARANCE AND SETTLEMENT1+ years Filed as: MATRIX CLEARENCE AND SETTLEMENT Service code 33 · EIN 13-4046432	Securities brokerage; Sub-transfer ag...	$0

Plan features & details

Pension benefit codes2E2F2T2J2K2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$33K

$357 / participant

Investment mgmt$22K67.2%
Other / not subdivided$11K32.8%

% of EOY assets

0.880%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SEIM JOHNSON, LLP
Auditor EIN: 476097913
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,373

$56,200-22.8%

$67,653-35.9%

$59,633-27.3%

Participation rate

82.6%

71.5%+11.1pp

75.7%+6.9pp

68.7%+13.9pp

Annual return

-2.75%

18506.71%-18509.5pp

6625.22%-6628.0pp

2041.40%-2044.2pp

Employer contribution / active EE

$714

$1,615-55.8%

$2,266-68.5%

$2,203-67.6%

Participant deferral / active EE

$2,546

$2,843-10.4%

$3,560-28.5%

$3,192-20.2%

Admin fee / account holder

$382

$3,959-90.4%

$4,821-92.1%

$4,297-91.1%

Provider

Service type

Compensation

UNION BANK & TRUST COMPANY1+ years

Service code 12 · EIN 47-0321480

Participant loan processing; Claims p...

$22,074

SEIM JOHNSON, LLP1+ years

Filed as: SEIM JOHNSON LLP

Service code 10

18081 BURT STREET SUITE 200 · OMAHA, NE 68022

Accounting

$10,750

MATRIX CLEARANCE AND SETTLEMENT1+ years

Filed as: MATRIX CLEARENCE AND SETTLEMENT

Service code 33 · EIN 13-4046432

Securities brokerage; Sub-transfer ag...

IMSCORP SALARY SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IMSCORP SALARY SAVINGS 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