Imerys USA Inc. 401(k) Review & Grade
Imerys 401(k) Plan for Bargaining Employees
Roswell, GAMining, Oil & Gas626 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,685Employer $ per active participant
$4,774Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$49.9MNet plan assets, end of year
$69,899Average balance per account
Score breakdown
- Employer generosity20.7 / 5041th percentile for employer $ per participant
- Low cost15.5 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving3.5 / 1523th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 41th |
| Lower admin cost | 62th |
| Employee saving | 23th |
| Peers that auto-enroll | 60% |
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
- Imerys USA put in about $3,685 per active participant, below the typical peer ($4,357). 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 | $2,306,785 |
| Participant (employee) contributions | $2,988,396 |
| Other contributions (incl. rollovers in) | $8,433 |
| Administrative expenses paid from the plan | $75,619 |
| Contract administrator fees | $7,750 |
| Investment advisory & management fees | $14,795 |
| Benefits paid out | $7,290,437 |
| Net assets, start / end of year | $46.9M / $49.9M |
| Active participants, start / end of year | 635 / 617 |
| Participants with account balances | 714 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wrren Averett |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $51,372 reported compensation |
| Warren Averett LLC | $15,500 reported compensation |
| Mercer (US) Inc | $8,224 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260203090429NAL0003332563001, received 2026-02-03, EIN 23-2617050, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.