Plan Ledger DOL Form 5500 · updated monthly

Management & Network Services, LLC401(k)

MNS 401(K) PROFIT SHARING PLAN · DUBLIN, OH · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

Management & Network Services, LLC reported $33,544 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,561 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,639th of 3,295), and 1,528th of 2,534 in administrative & support services. In 2022, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,332,269
Participants with balances80
Active participants80
Employer contributions$124,862
Employee contributions$257,570
Employer contribution per active participant$1,561
Average account balance$54,153
Benefits paid to participants$291,553
Plan auditUnmodified (clean) audit opinion
AuditorPEASE AND ASSOCIATES, LLC
Administrative expenses, itemized · 2022
Investment management$1,608
Total administrative$33,544
The Management & Network Services, LLC 401(k) match · 2022
Employer contribution per active participant$1,561
Median for plans this size$1,114

Management & Network Services, LLC's 2022 employer contribution ran above the $1,114 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$33,544 · 0.71%
Similar plansAdministrative & Support Services · Ohio
Seamless Ai OH$4.5M · 0.40%
Evans Landscaping, Inc. OH$4.5M · 0.58%
4EG Team LLC OH$4.5M · 0.07%
J.P. Recovery Services OH$4.4M · 0.02%
Ameridial, Inc. OH$4.1M · 0.56%
Locus Management OH$4.0M · 0.54%
Locus Holdings LLC OH$3.9M · 0.64%
General Audit Corporation OH$3.9M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311504075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.