Plan Ledger DOL Form 5500 · updated monthly

Manhattan Mechanical Services401(k)

MANHATTAN MECHANICAL SERVICES 401(K) PLAN · MANHATTAN, IL · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Manhattan Mechanical Services reported $44,173 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,900 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 has held roughly steady near 0.776%. 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 (2,816th of 3,702), and 9,317th of 11,654 in professional & technical services. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,180,881
Participants with balances182
Active participants160
Employer contributions$304,042
Employee contributions$577,683
Employer contribution per active participant$1,900
Average account balance$33,961
Benefits paid to participants$591,888
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS SC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 182 accts · $304K emplr
2023$5.2M · 179 accts · $290K emplr
2022$4.1M · 179 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,091
Investment management$1,082
Total administrative$44,173
The Manhattan Mechanical Services 401(k) match · 2024
Employer contribution per active participant$1,900
Median for plans this size$1,313
2024$1,900 per active participant
2023$1,766 per active participant
2022$1,831 per active participant

Manhattan Mechanical Services's 2024 employer contribution ran above the $1,313 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$43,091

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,173 · 0.78%
2023$37,291 · 0.80%
2022$34,526 · 0.78%
All plans at this employer2
MANHATTAN MECHANICAL SERVICES 401(K) PLAN401(k)
MANHATTAN MECHANICAL SERVICES EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 273969132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.