Iem International, Inc. 401(k) Review & Grade
Iem International, Inc. Retirement Savings Plan
Morrisville, NCProfessional, Scientific & Technical Services800 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,268Employer $ per active participant
$6,075Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$46.9MNet plan assets, end of year
$50,878Average balance per account
Score breakdown
- Employer generosity11.7 / 5023th percentile for employer $ per participant
- Low cost19.3 / 2577th percentile for low admin cost vs. same-size plans
- Employee saving4.6 / 1530th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 77th |
| Employee saving | 30th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Iem International put in about $1,268 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,014,434 |
| Participant (employee) contributions | $4,860,321 |
| Other contributions (incl. rollovers in) | $292,444 |
| Administrative expenses paid from the plan | $38,389 |
| Investment advisory & management fees | $20,914 |
| Benefits paid out | $7,592,404 |
| Net assets, start / end of year | $41.7M / $46.9M |
| Active participants, start / end of year | 893 / 707 |
| Participants with account balances | 921 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Eisneramper LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $20,914 reported compensation |
| Fidelity Investments Institutional | $17,475 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250929080811NAL0026204482001, received 2025-09-29, EIN 72-1045884, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.