Plan Ledger DOL Form 5500 · updated monthly

Maximus 909 Operations, LLC401(k)

MAXIMUS 909 OPERATIONS, LLC 401(K) PROFIT SHARING PLAN · LOCKPORT, NY · plan year 2022

Reported admin expense ratio · 2022
1.36%

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

Maximus 909 Operations, LLC reported $20,037 in plan administrative expenses for 2022: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $106 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 health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,328th of 5,648), and 10,856th of 11,911 in health care & social assistance. In 2022, employees put in $6.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,058,378
Participants with balances36
Active participants105
Employer contributions$11,095
Employee contributions$72,016
Employer contribution per active participant$106
Average account balance$29,399
Benefits paid to participants$624,993
Plan auditUnmodified (clean) audit opinion
AuditorFREED MAXICK, CPA P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,634
Investment management$5,403
Total administrative$20,037
The Maximus 909 Operations, LLC 401(k) match · 2022
Employer contribution per active participant$106
Median for plans this size$1,114

Maximus 909 Operations, 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$20,037 · 1.36%
Similar plansHealth Care & Social Assistance · New York
Mindcolor Autism LLC NY$1.0M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 320470774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.