Plan Ledger DOL Form 5500 · updated monthly

Medical Management Resources, Inc.401(k)

MEDICAL MANAGEMENT RESOURCES INC 401K PROFIT SHARING PLAN · EAST SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

Medical Management Resources, Inc. reported $37,230 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. 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 0.38% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,428th of 5,648), and 7,601st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$11,317,249
Participants with balances152
Active participants159
Employer contributions—
Employee contributions$464,455
Employer contribution per active participant—
Average account balance$74,456
Benefits paid to participants$378,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 152 accts
2023$10.0M · 145 accts
2022$9.5M · 154 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,440
Investment management$20,790
Total administrative$37,230
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 · 20242
MVP PLAN ADMINISTRATORS · Contract administrator · Recordkeeping$16,440
EVEREST CONSULTANTS · Investment advisory (participants) · Investment advisory (plan)$20,790

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

Recordkeeper by year2
2024MVP PLAN ADMINISTRATORS
2023MVP PLAN ADMINISTRATORS

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Administrative cost history3
2024$37,230 · 0.35%
2023$35,428 · 0.36%
2022$34,224 · 0.38%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 161278524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.