Plan Ledger DOL Form 5500 · updated monthly

Magic Memories USA LLC401(k)

MAGIC MEMORIES EMPLOYEE RETIREMENT PLAN · LAKEWOOD, CO · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Magic Memories USA LLC reported $20,259 in plan administrative expenses for 2024: 0.60% 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.

Across the 7 years on file its reported administrative ratio has held roughly steady near 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Colorado (1,164th of 1,461), and 10,378th of 11,654 in professional & technical services. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has shrunk from 682 to 486 since 2018.

Plan summary
Net assets, end of year$3,438,463
Participants with balances610
Active participants486
Employer contributions$79,941
Employee contributions$210,437
Employer contribution per active participant$164
Average account balance$5,637
Benefits paid to participants$585,668
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$3.4M · 610 accts · $80K emplr
2023$3.3M · 568 accts · $61K emplr
2022$3.3M · 215 accts · $83K emplr
2020$3.4M · 265 accts · $91K emplr
2018$2.5M · 650 accts · $177K emplr
The Magic Memories USA LLC 401(k) match · 2024
Employer contribution per active participant$164
Median for plans this size$1,313
2024$164 per active participant
2023$124 per active participant
2022$152 per active participant
2020$147 per active participant
2018$260 per active participant

Magic Memories USA LLC's 2024 employer contribution ran below the $1,313 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

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 · 202411
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$20,259
DIMENSIONAL FUNDS · Investment managementindirect comp
EAGLEASSET · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
MET WEST FUNDS · Investment managementindirect comp
VICTORY FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
GOLDMAN SACHS FUNDS · Investment managementindirect comp
FIDELITY · 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 history5
2024$20,259 · 0.60%
2023$19,641 · 0.60%
2022$19,048 · 0.53%
2020$22,660 · 0.69%
2018$15,838 · 0.61%
Similar plansProfessional & Technical Services · Colorado
Prescient Co. LLC CO$3.7M · 0.34%
Brainyak CO$3.5M · 0.50%
Brainyak CO$2.8M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 841393180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.