Plan Ledger DOL Form 5500 · updated monthly

Mbb Delivery LLC401(k)

MBB DELIVERY LLC 401(K) PLAN · KENSINGTON, MD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Mbb Delivery LLC reported $1,281 in plan administrative expenses for 2024: 0.44% of average plan assets, lower than ~75% of peers. Employer contributions averaged $450 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 1 year on file its reported administrative ratio rose from 0.17% to 0.44%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Maryland (1,634th of 1,671), and 2,453rd of 2,677 in transportation & warehousing. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$424,785
Participants with balances228
Active participants221
Employer contributions$99,463
Employee contributions$205,088
Employer contribution per active participant$450
Average account balance$1,863
Benefits paid to participants$69,314
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$425K · 228 accts · $99K emplr
2023$159K · 157 accts · $57K emplr
Administrative expenses, itemized · 2024
Investment management$1,281
Total administrative$1,281
The Mbb Delivery LLC 401(k) match · 2024
Employer contribution per active participant$450
Median for plans this size$540
2024$450 per active participant
2023$396 per active participant

Mbb Delivery LLC's 2024 employer contribution ran below the $540 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.

Administrative cost history2
2024$1,281 · 0.44%
2023$264 · 0.17%
Similar plansTransportation & Warehousing · Maryland
Canton Port Services, LLC MD$4.1M · 0.24%
Sungwon Distributor LLC MD$1.1M · 2.10%
Delivery Service Now MD$103K · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851918828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.