Plan Ledger DOL Form 5500 · updated monthly

Manhattan Insurance Group, Inc.401(k)

MANHATTAN INSURANCE GROUP, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Manhattan Insurance Group, Inc. reported $21,754 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,356 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 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,048th-largest of 5,688 plans among Texas employers on file, and the 1,654th of 4,798 in finance & insurance. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 730 to 810 since 2022.

Plan summary
Net assets, end of year$50,499,951
Participants with balances856
Active participants810
Employer contributions$1,908,466
Employee contributions$3,782,649
Employer contribution per active participant$2,356
Average account balance$58,995
Benefits paid to participants$5,561,218
Plan auditUnmodified (clean) audit opinion
AuditorABIP, PC
Plan history3
Yearassets · accounts · employer contribution
2024$50.5M · 856 accts · $1.9M emplr
2023$43.6M · 848 accts · $1.8M emplr
2022$35.1M · 736 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,144
Investment management$3,610
Total administrative$21,754
The Manhattan Insurance Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,356
Median for plans this size$2,416
2024$2,356 per active participant
2023$2,202 per active participant
2022$2,176 per active participant

Manhattan Insurance Group, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,144

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

Administrative cost history3
2024$21,754 · 0.05%
2023$16,630 · 0.04%
2022$15,331 · 0.04%
Similar plansFinance & Insurance · Texas
Flatonia Investments, LLC TX$51.6M · 0.23%
Affinipay LLC TX$51.6M · 0.21%
Quantlab Financial, LLC TX$50.8M · 0.01%
Eecu TX$48.3M · 0.15%
Plains Bancorp, Inc. TX$47.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061525454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.