Plan Ledger DOL Form 5500 · updated monthly

Medical Arts Office Services, Inc.401(k)

MAOS, INC. 401(K) SALARY SAVINGS PLAN · PORT WASHINGTON, NY · plan year 2022

Reported admin expense ratio · 2022
0.89%

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

Medical Arts Office Services, Inc. reported $89,016 in plan administrative expenses for 2022: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $311 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 administrative & support services employers. By assets it is among the smaller plans on file in New York (3,625th of 5,648), and the 1,010th of 2,534 in administrative & support services. In 2022, employees put in $13.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,900,981
Participants with balances420
Active participants343
Employer contributions$106,771
Employee contributions$1,488,464
Employer contribution per active participant$311
Average account balance$23,574
Benefits paid to participants$471,357
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI & CO.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$9.9M · 420 accts · $107K emplr
The Medical Arts Office Services, Inc. 401(k) match · 2022
Employer contribution per active participant$311
Median for plans this size$1,114

Medical Arts Office Services, Inc.'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 history2
2023Not separately reported
2022$89,016 · 0.89%
Same employer
Similar plansAdministrative & Support Services · New York
Nomad Health, Inc. NY$10.9M · 0.54%
Evolutioniq, LLC NY$9.9M · 0.09%
The Tico Group, LLC NY$9.8M · 0.12%
Phaxis, LLC NY$9.5M · 0.93%
Janitronics, Inc. NY$9.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112705907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.