Plan Ledger DOL Form 5500 · updated monthly

Mmm Consumer Brands401(k)

MMM CONSUMER BRANDS 401(K) RETIREMENT PLAN AND TRUST · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.59%

Mmm Consumer Brands reported $10,418 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. 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 0.38% to 3.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (5,121st of 5,648), and 12,806th of 13,661 in manufacturing. active participation has shrunk from 346 to 246 since 2022.

Plan summary
Net assets, end of year$2,039,355
Participants with balances801
Active participants246
Employer contributions—
Employee contributions$664,446
Employer contribution per active participant—
Average account balance$2,546
Benefits paid to participants$393,179
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.4M · 75 accts
2023$2.0M · 801 accts
2022$1.5M · 839 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,418
Total administrative$10,418
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$10,418

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$54,867 · 3.19%
2023$10,418 · 0.59%
2022$5,186 · 0.38%
Similar plansManufacturing · New York
Richardson Brands Company NY$2.2M · 0.19%
The Avon Company NY$2.2M · 0.56%
Magnolia Operating LLC NY$2.1M · 1.84%
Etro Fashion USA Inc NY$1.9M · 0.62%
Har Maspeth Corp. NY$1.9M · 1.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472686635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.