Plan Ledger DOL Form 5500 · updated monthly

M.I.K.I.D.401(k)

MIKID MENTALLY ILL KIDS IN DISTRESS 401(K) PROFIT SHARING PLAN & TRUST · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.95%

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

M.I.K.I.D. reported $6,292 in plan administrative expenses for 2022: 0.95% of average plan assets, above the peer median. Employer contributions averaged $164 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 health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (1,185th of 1,285), and 11,168th of 11,911 in health care & social assistance. In 2022, employees put in $5.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$693,705
Participants with balances45
Active participants136
Employer contributions$22,366
Employee contributions$133,098
Employer contribution per active participant$164
Average account balance$15,416
Benefits paid to participants$37,415
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,690
Investment management$602
Total administrative$6,292
The M.I.K.I.D. 401(k) match · 2022
Employer contribution per active participant$164
Median for plans this size$331

M.I.K.I.D.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,292 · 0.95%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
S.E.E.K. Arizona, LLC AZ$957K · 0.63%
The Opportunity Tree AZ$773K · 0.86%
Nsi Nursing Service, Inc. AZ$681K · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860673994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.