Mavagi Enterprises, Inc.Profit-sharing plan
MAVAGI ENTERPRISES RETIREMENT PLAN · AUSTIN, TX · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Mavagi Enterprises, Inc. reported $47,911 in plan administrative expenses for 2024: 5.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,767 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 2.93% to 5.01%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,290th of 5,688), and 2,204th of 2,534 in administrative & support services. active participation has shrunk from 129 to 95 since 2022.
Mavagi Enterprises, Inc.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top quarter of its peers. 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 743008826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.