Plan Ledger DOL Form 5500 · updated monthly

Max Management II, LLC401(k)

MAX MANAGEMENT II, LLC 401(K) PLAN · VIRGINIA BEACH, VA · plan year 2022

Reported admin expense ratio · 2022
0.99%

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

Max Management II, LLC reported $22,840 in plan administrative expenses for 2022: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Virginia (2,074th of 2,266), and 2,082nd of 2,199 in information & media. In 2022, employees put in $410.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,111,847
Participants with balances45
Active participants126
Employer contributions$428
Employee contributions$175,599
Employer contribution per active participant$3
Average account balance$46,930
Benefits paid to participants$144,920
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,844
Investment management$8,996
Total administrative$22,840
The Max Management II, LLC 401(k) match · 2022
Employer contribution per active participant$3
Median for plans this size$1,114

Max Management II, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,840 · 0.99%
Similar plansInformation & Media · Virginia
Virginia Everywhere, LLC VA$3.0M · 0.84%
Gennext Media, Inc. VA$2.5M · 1.36%
Prominds Inc. VA$2.1M · 0.75%
Jms Group, LLC VA$1.9M · 0.86%
Pulse Broadband, LLC VA$1.7M · 0.14%
Wahid, Inc. VA$1.3M · 0.88%
Cdyne Corporation VA$860K · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541921998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.