Plan Ledger DOL Form 5500 · updated monthly

Manchester Airport Group US Holdings Inc.401(k)

MAG USA 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Manchester Airport Group US Holdings Inc. reported $4,390 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $381 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 fell from 0.36% to 0.29%. 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 Illinois (3,412th of 3,702), and 11,029th of 11,654 in professional & technical services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 223 to 301 since 2022.

Plan summary
Net assets, end of year$1,578,292
Participants with balances125
Active participants301
Employer contributions$114,564
Employee contributions$235,743
Employer contribution per active participant$381
Average account balance$12,626
Benefits paid to participants$417,984
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 125 accts · $115K emplr
2023$1.5M · 91 accts · $88K emplr
2022$1.1M · 71 accts · $65K emplr
The Manchester Airport Group US Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$381
Median for plans this size$1,313
2024$381 per active participant
2023$377 per active participant
2022$292 per active participant

Manchester Airport Group US Holdings 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.

Administrative cost history3
2024$4,390 · 0.29%
2023$2,675 · 0.21%
2022$4,325 · 0.36%
Same employer
Similar plansProfessional & Technical Services · Illinois
Beary Landscaping, Inc. IL$1.7M · 1.11%
360 Management Company IL$1.7M · 1.29%
Mu Sigma Inc. IL$1.7M · 0.89%
Mbi Staffing, Inc. IL$1.6M · 1.41%
Ari Holdings, LLC IL$1.6M · 0.74%
Caresoft Global Inc IL$1.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371779741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.