IRMS 401(K) PLAN

At the end of 2022, the total retirement plan assets of IRMS 401(K) PLAN is $11,226,733.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in IRMS 401(K) PLAN is 135

In 2022, the average participant retirement account value for IRMS 401(K) PLAN is $83,160

In 2022, the estimated average employee contribution amount per participant for IRMS 401(K) PLAN is $6,538

In 2022, the estimated average employer match for an employee in IRMS 401(K) PLAN is approximately $2,872

In 2022, IRMS 401(K) PLAN allocates $387,848 to match its employees’ contributions, providing an employer match rate of 50.70% of their contributions

In 2022, the total retirement plan asset growth rate of IRMS 401(K) PLAN is -14.36%

In 2022, the estimated aggregate retirement account investment gain/loss for IRMS 401(K) PLAN is -15.05%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IRMS 401(K) PLAN is 0.53%.

Enrollment Features

IRMS 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.