Plan Ledger DOL Form 5500 · updated monthly

Mainthia Technologies, Inc.401(k)

MAINTHIA TECHNOLOGIES, INC. 401(K) PLAN · CLEVELAND, OH · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Mainthia Technologies, Inc. reported $16,443 in plan administrative expenses for 2023: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,392 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 0.09% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,548th-largest of 3,295 plans among Ohio employers on file, and 6,367th of 11,654 in professional & technical services. In 2023, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,903,440
Participants with balances110
Active participants88
Employer contributions$210,506
Employee contributions$717,165
Employer contribution per active participant$2,392
Average account balance$144,577
Benefits paid to participants$1,640,231
Plan auditUnmodified (clean) audit opinion
AuditorCARD, PALMER, SIBBISON, & CO
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 119 accts · $213K emplr
2023$15.9M · 110 accts · $211K emplr
2022$14.3M · 107 accts · $204K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,443
Total administrative$16,443
The Mainthia Technologies, Inc. 401(k) match · 2023
Employer contribution per active participant$2,392
Median for plans this size$2,440
2024$2,087 per active participant
2023$2,392 per active participant
2022$2,398 per active participant

Mainthia Technologies, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$16,443

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$20,479 · 0.13%
2023$16,443 · 0.11%
2022$14,791 · 0.09%
Similar plansProfessional & Technical Services · Ohio
Auto Systems Centers Inc OH$16.4M · 0.16%
Qbase Holdings, L.L.C. OH$16.3M · 0.04%
Spr Therapeutics, Inc. OH$15.6M · 0.16%
Parker Trutec Incorporated OH$15.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341844305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.