Plan Ledger DOL Form 5500 · updated monthly

Mainscape, Inc.401(k)

MAINSCAPE, INC. 401K PLAN · FISHERS, IN · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Mainscape, Inc. reported $43,244 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $506 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 0.70% to 0.77%. 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 Indiana (1,098th of 1,562), and 9,328th of 11,654 in professional & technical services. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 767 to 866 since 2022.

Plan summary
Net assets, end of year$6,168,323
Participants with balances251
Active participants866
Employer contributions$437,890
Employee contributions$626,783
Employer contribution per active participant$506
Average account balance$24,575
Benefits paid to participants$592,046
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 251 accts · $438K emplr
2023$5.0M · 174 accts · $370K emplr
2022$3.9M · 174 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,335
Investment management$14,889
Total administrative$43,244
The Mainscape, Inc. 401(k) match · 2024
Employer contribution per active participant$506
Median for plans this size$1,313
2024$506 per active participant
2023$424 per active participant
2022$406 per active participant

Mainscape, Inc.'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 · 20241
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$14,889

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$43,244 · 0.77%
2023$38,627 · 0.87%
2022$27,176 · 0.70%
Same employer
Similar plansProfessional & Technical Services · Indiana
Joink, LLC IN$6.5M · 0.69%
Rqaw Corporation IN$6.4M · 0.38%
Driftboat Management, LLC IN$6.3M · 0.75%
Formassembly, Inc. IN$5.5M · 0.10%
Lifeomic, Inc. IN$5.5M · 0.21%
Hobart Animal Clinic Inc IN$5.3M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351633580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.