Plan Ledger DOL Form 5500 · updated monthly

Mandel Group, Inc.401(k)

MANDEL GROUP, INC. SALARY SAVINGS 401(K) PLAN · MILWAUKEE, WI · plan year 2025

Reported admin expense ratio · 2025
0.27%

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

Mandel Group, Inc. reported $46,276 in plan administrative expenses for 2025: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,774 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 3 years on file its reported administrative ratio rose from 0.07% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 919th-largest of 1,936 plans among Wisconsin employers on file, and the 722nd of 2,096 in real estate & leasing. In 2025, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,346,145
Participants with balances190
Active participants131
Employer contributions$232,337
Employee contributions$717,132
Employer contribution per active participant$1,774
Average account balance$96,559
Benefits paid to participants$468,096
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS SC
Plan history4
Yearassets · accounts · employer contribution
2025$18.3M · 190 accts · $232K emplr
2024$15.4M · 229 accts · $216K emplr
2023$12.8M · 217 accts · $211K emplr
2022$10.4M · 192 accts · $233K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$28,426
Investment management$5,050
Total administrative$46,276
The Mandel Group, Inc. 401(k) match · 2025
Employer contribution per active participant$1,774
Median for plans this size$2,666
2025$1,774 per active participant
2024$1,725 per active participant
2023$1,705 per active participant
2022$1,688 per active participant

Mandel Group, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
CETERA INVESTMENT ADVISERS, LLCindirect comp
VRAKAS S. C. · Accounting / auditindirect comp
LATITUDE SERVICE COMPANY, INC · Other servicesindirect comp

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

Administrative cost history4
2025$46,276 · 0.27%
2024$22,654 · 0.16%
2023$13,593 · 0.12%
2022$8,134 · 0.07%
Same employer
Similar plansReal Estate & Leasing · Wisconsin
Shorewest Realtors, Inc. WI$35.2M · 0.01%
Catalyst Exhibits, Inc. WI$23.3M · 0.37%
Mlg Services Corp WI$15.2M · 1.17%
Oakbrook Corporation WI$13.7M · 0.01%
Conger Industries, Inc. WI$13.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391710347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.