What are the fees in the M & D Holdings Group, Inc. 401(k) plan?

For plan year 2022, M & D Holdings Group, Inc. reported $1,087 in plan administrative expenses, or 2.28% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the M & D Holdings Group, Inc. 401(k) match?

In 2022, employer contributions to the M & D Holdings Group, Inc. plan averaged $40 per active participant, below the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the M & D Holdings Group, Inc. 401(k)?

The average participant account balance was $7,934 for plan year 2022, based on 6 accounts.

M & D Holdings Group, Inc.401(k)

Name: M & D Holdings Group, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

JOHNNY BLACK'S PUBLIC HOUSE 401(K) PLAN · ROCHESTER HILLS, MI · plan year 2022

Reported admin expense ratio · 2022

2.28%

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

M & D Holdings Group, Inc. reported $1,087 in plan administrative expenses for 2022: 2.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $40 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Michigan (2,612th of 2,619), and 783rd of 786 in management of companies. In 2022, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,605
Participants with balances6
Active participants358
Employer contributions$14,393
Employee contributions$37,842
Employer contribution per active participant$40
Average account balance$7,934
Benefits paid to participants$2,471
Plan auditUnmodified (clean) audit opinion
AuditorASSURANCE DIMENSIONS, INC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$1,023

Investment management$64

Total administrative$1,087

The M & D Holdings Group, Inc. 401(k) match · 2022

Employer contribution per active participant$40

Median for plans this size$331

M & D Holdings Group, Inc.'s 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$1,087 · 2.28%

Similar plansManagement of Companies · Michigan
Cignet, LLC MI$3.6M · 0.65%
Structuretec Group Corporation MI$3.3M · 0.12%
The Shane Group, LLC MI$1.7M · 1.40%
As Management & Leasing, LLC MI$1.0M · 0.54%
Uma Enterprises Group Holdings, Inc. CA$159K
16 on Center LLC IL$145K · 1.47%
Alm Automotive Group, LLC GA$140K · 0.09%
Fountainbleau Management Group, Inc. MO$76K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814857707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.