Plan Ledger DOL Form 5500 · updated monthly

M&C Mobile LLC401(k)

M&C SAATCHI MOBILE LLC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.14%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

M&C Mobile LLC reported $1,604 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,065 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.20% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,271st of 5,648), and 11,139th of 11,654 in professional & technical services. In 2023, employees put in $2.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,299,004
Participants with balances0
Active participants24
Employer contributions$73,557
Employee contributions$186,541
Employer contribution per active participant$3,065
Average account balance—
Benefits paid to participants$55,969
Plan auditUnmodified (clean) audit opinion
AuditorFARBER BLICHT EYERMAN HERZOG LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · $74K emplr
2022$917K · 114 accts · $73K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$370
Investment management$374
Trustee / custodial$860
Total administrative$1,604
The M&C Mobile LLC 401(k) match · 2023
Employer contribution per active participant$3,065
Median for plans this size$1,308
2023$3,065 per active participant
2022$2,213 per active participant

M&C Mobile LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$1,604 · 0.14%
2022$1,817 · 0.20%
Same employer
Similar plansProfessional & Technical Services · New York
Flywheel Partners LLC NY$1.5M · 0.12%
Staff Pro, Inc. NY$1.4M · 1.50%
Firefly Systems Inc NY$1.3M · 0.21%
Sakara Life, Inc. NY$1.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453638296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.