Plan Ledger DOL Form 5500 · updated monthly

Mc Management of Rochester, LLC401(k)

MC MANAGEMENT 401(K) RETIREMENT PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
2.52%

Mc Management of Rochester, LLC reported $34,884 in plan administrative expenses for 2024: 2.52% of average plan assets, higher than ~90% of peers. 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 fell from 2.86% to 2.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,228th of 5,648), and 1,573rd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,499,952
Participants with balances359
Active participants365
Employer contributions—
Employee contributions$344,652
Employer contribution per active participant—
Average account balance$4,178
Benefits paid to participants$281,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 359 accts
2023$1.3M · 381 accts
2022$880K · 330 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,105
Investment management$4,779
Total administrative$34,884
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.

Service providers · 20241
BENEFIT PLAN ADMIN SERVICES, INC. · Plan administrator · Loan processing$34,884

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

Recordkeeper by year2
2024BENEFIT PLAN ADMIN SERVICES, INC.
2023BENEFIT PLAN ADMIN SERVICES, INC.

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Administrative cost history3
2024$34,884 · 2.52%
2023$30,657 · 2.85%
2022$25,288 · 2.86%
Similar plansAccommodation & Food Services · New York
Tacombi Holding NA LLC NY$2.1M · 1.24%
Lago Resort & Casino, LLC NY$2.0M · 0.58%
Big Red Shoes, LLC NY$1.8M · 0.31%
Root 2 LLC NY$1.4M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455267189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.