Plan Ledger DOL Form 5500 · updated monthly

Management Solutions, Inc.401(k)

MANAGEMENT SOLUTIONS 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

Management Solutions, Inc. reported $310,669 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $882 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 1 year on file its reported administrative ratio fell from 1.66% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 271st-largest of 1,461 plans among Colorado employers on file, and the 484th of 3,341 in other services. In 2023, employees put in $3.17 for every $1.00 the employer contributed; active participation has grown from 1,296 to 1,653 since 2022.

Plan summary
Net assets, end of year$44,299,127
Participants with balances773
Active participants1,653
Employer contributions$1,458,045
Employee contributions$4,625,755
Employer contribution per active participant$882
Average account balance$57,308
Benefits paid to participants$4,615,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · 8 accts · $1.5M emplr
2023$44.3M · 773 accts · $1.5M emplr
2022$32.0M · 626 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Investment management$310,664
Total administrative$310,669
The Management Solutions, Inc. 401(k) match · 2023
Employer contribution per active participant$882
Median for plans this size$2,440
2024$841 per active participant
2023$882 per active participant
2022$878 per active participant

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

Service providers · 20237
MESIROW FINANCIAL INVESTMENT MNGMNT · Investment advisory (plan)$80,166
PINNACLE FINANCIAL SERVICES · Contract administrator$58,946
NPPG FIDUCIARY SERVICES LLC$36,736
MANAGEMENT SOLUTIONS INC$12,000
CREATIVE PLANNING HOLDCO LLC · Investment advisory (plan)$8,391
NATIONAL PROFESSIONAL PLANNING GROU · Contract administrator$3,425

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

Administrative cost history3
2024Not separately reported
2023$310,669 · 0.81%
2022$548,946 · 1.66%
Same employer
Similar plansOther Services · Colorado
Focus on the Family CO$75.0M · 0.38%
Allosource CO$62.8M · 0.22%
Educause CO$48.0M · 0.06%
Junior Achievement USA CO$43.0M · 0.76%
Mgma-Acmpe CO$35.2M · 0.29%
Donor Alliance, Inc. CO$34.0M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364780191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.