Plan Ledger DOL Form 5500 · updated monthly

Mantis Innovation, LLC401(k)

MANTIS INNOVATION 401(K) PROFIT SHARING PLAN AND TRUST · 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

Mantis Innovation, LLC reported $7,386 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,361 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 professional & technical services employers. By assets it is the 2,322nd-largest of 5,688 plans among Texas employers on file, and 6,313th of 11,654 in professional & technical services. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 213 to 247 since 2022.

Plan summary
Net assets, end of year$16,153,231
Participants with balances231
Active participants247
Employer contributions$583,183
Employee contributions$1,874,908
Employer contribution per active participant$2,361
Average account balance$69,927
Benefits paid to participants$2,460,778
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 231 accts · $583K emplr
2023$13.7M · 233 accts · $550K emplr
2022$9.6M · 205 accts · $464K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,181
Investment management$5,205
Total administrative$7,386
The Mantis Innovation, LLC 401(k) match · 2024
Employer contribution per active participant$2,361
Median for plans this size$2,416
2024$2,361 per active participant
2023$2,281 per active participant
2022$2,180 per active participant

Mantis Innovation, LLC'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,205
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,181

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$7,386 · 0.05%
2023$5,012 · 0.04%
2022$3,801 · 0.04%
Similar plansProfessional & Technical Services · Texas
Critical Start, Inc. TX$16.3M · 0.15%
Decision Analyst, Inc. TX$16.3M · 0.04%
Apex Dental Partners TX$16.2M · 0.38%
O'Connell Robertson, Inc. TX$16.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841936334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.