Plan Ledger DOL Form 5500 · updated monthly

Mac Haik Management LLC401(k)

MAC HAIK EMPLOYEES' RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Mac Haik Management LLC reported $398,654 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,436 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 0.31% to 0.73%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 924th-largest of 5,688 plans among Texas employers on file, and the 556th of 5,215 in retail trade. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,180,220
Participants with balances2,578
Active participants1,870
Employer contributions$4,555,922
Employee contributions$7,767,791
Employer contribution per active participant$2,436
Average account balance$23,732
Benefits paid to participants$5,795,893
AuditorSVADKENAK, SEE AND COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$61.2M · 2,578 accts · $4.6M emplr
2023$48.1M · 2,431 accts
2022$37.6M · 1,987 accts · $500 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$321,639
Investment management$67,315
Total administrative$398,654
The Mac Haik Management LLC 401(k) match · 2024
Employer contribution per active participant$2,436
Median for plans this size$3,635
2024$2,436 per active participant
2022$0 per active participant

Mac Haik Management LLC's 2024 employer contribution ran below the $3,635 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$49,353
ADMINISTRATIVE FIDUCIARY SERVICE$17,600
RAYMOND JAMES FINANCIAL SERVICESindirect comp
NOVA 401(K) ASSOCIATES · Other servicesindirect comp

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

Administrative cost history3
2024$398,654 · 0.73%
2023$259,382 · 0.61%
2022$123,955 · 0.31%
Same employer
Similar plansRetail Trade · Texas
Buc-Ee's, LTD. TX$70.8M · 0.47%
Pay and Save Inc TX$63.8M · 0.52%
Ancira Enterprises TX$57.2M · 0.24%
Pcf Acquisition Co. TX$57.0M · 0.38%
Curtis C. Gunn, Inc. TX$54.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760350038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.