Info Media Group Inc DBA Carenet 401(k) Review & Grade
Info Media Group, Inc DBA Carenet 401(k) Plan
San Antonio, TXHealth Care & Social Assistance2,480 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$526Employer $ per active participant
$1,456Employee $ saved per active participant
1.12%Direct admin cost, % of plan assets
$25.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity18.1 / 5036th percentile for employer $ per participant
- Low cost1.3 / 255th percentile for low admin cost vs. same-size plans
- Employee saving4.9 / 1532th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 5th |
| Employee saving | 32th |
| Peers that auto-enroll | 36% |
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
Corrective distributions: the plan refunded $183,999 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Info Media Group Inc DBA Carenet put in about $526 per active participant, below the typical peer ($976). 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.
- Direct plan expenses (1.12% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,304,415 |
| Participant (employee) contributions | $3,609,985 |
| Other contributions (incl. rollovers in) | $1,186,402 |
| Administrative expenses paid from the plan | $250,390 |
| Benefits paid out | $2,278,183 |
| Net assets, start / end of year | $19.5M / $25.2M |
| Active participants, start / end of year | 2,385 / 2,574 |
| Participants with account balances | 955 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Russon & Johnston LLP |
Largest service providers (Schedule C)
| Intercontinental Wealth Advisors LL | $125,676 reported compensation |
| Adp, Inc. | $124,755 reported compensation |
| Mesirow Financial Investment Manage | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260105112055NAL0006349856001, received 2026-01-05, EIN 71-0879286, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.