IRMI 401(K) PLAN

Overview

Plan Contact

  • Address: 12222 MERIT DR STE 1600,DALLAS,TX
  • Contact person: ERIKA JONES
  • Phone: (972) 960-7693

Plan General Information


At the end of 2022, the total retirement plan assets of IRMI 401(K) PLAN is $25,778,186.This plan was established in 1988.

At the end of 2022, the total number of retirement plan participants in IRMI 401(K) PLAN is 221

In 2022, the average participant retirement account value for IRMI 401(K) PLAN is $116,643

In 2022, the estimated average employee contribution amount per participant for IRMI 401(K) PLAN is $7,593

In 2022, the estimated average employer match for an employee in IRMI 401(K) PLAN is approximately $2,018

In 2022, IRMI 401(K) PLAN allocates $445,996 to match its employees’ contributions, providing an employer match rate of 27.07% of their contributions

In 2022, the total retirement plan asset growth rate of IRMI 401(K) PLAN is -11.77%

In 2022, the estimated aggregate retirement account investment gain/loss for IRMI 401(K) PLAN is -15.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IRMI 401(K) PLAN is 0.01%.

Enrollment Features

IRMI 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.