Plan Ledger DOL Form 5500 · updated monthly

M-Files, Inc.401(k)

M-FILES 401K PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

M-Files, Inc. reported $22,512 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,146 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 2 years on file its reported administrative ratio rose from 0.02% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,826th-largest of 5,688 plans among Texas employers on file, and 7,459th of 11,654 in professional & technical services. In 2024, employees put in $5.09 for every $1.00 the employer contributed; active participation has shrunk from 127 to 110 since 2022.

Plan summary
Net assets, end of year$11,758,829
Participants with balances128
Active participants110
Employer contributions$236,059
Employee contributions$1,201,976
Employer contribution per active participant$2,146
Average account balance$91,866
Benefits paid to participants$994,426
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 128 accts · $236K emplr
2023$9.7M · 138 accts · $243K emplr
2022$7.1M · 131 accts · $300K emplr
The M-Files, Inc. 401(k) match · 2024
Employer contribution per active participant$2,146
Median for plans this size$2,416
2024$2,146 per active participant
2023$2,146 per active participant
2022$2,360 per active participant

M-Files, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20247
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$22,512
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
PRINCIPAL FUNDS · Investment managementindirect comp
AMERICAN CENTURY INVESTMENTS · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,512 · 0.21%
2023$7,308 · 0.09%
2022$1,420 · 0.02%
Same employer
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Immatics US Inc. TX$11.8M · 0.40%
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Summa Group, LLC TX$11.8M · 0.54%
X Technologies, Inc. TX$11.8M · 0.27%
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Source: U.S. Department of Labor, Form 5500 series, EIN 900444506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.