Plan Ledger DOL Form 5500 · updated monthly

Medve Group Inc401(k)

MEDVE GROUP INC 401K PROFIT SHARING PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Medve Group Inc reported $7,862 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $916 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 2 years on file its reported administrative ratio rose from 0.13% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (3,842nd of 5,688), and 1,425th of 2,096 in real estate & leasing. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 151 to 171 since 2022.

Plan summary
Net assets, end of year$5,884,910
Participants with balances195
Active participants171
Employer contributions$156,555
Employee contributions$476,518
Employer contribution per active participant$916
Average account balance$30,179
Benefits paid to participants$339,643
Plan auditUnmodified (clean) audit opinion
AuditorEEPB
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 195 accts · $157K emplr
2023$4.8M · 196 accts · $156K emplr
2022$3.8M · 171 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,808
Investment management$2,054
Total administrative$7,862
The Medve Group Inc 401(k) match · 2024
Employer contribution per active participant$916
Median for plans this size$1,313
2024$916 per active participant
2023$951 per active participant
2022$864 per active participant

Medve Group Inc's 2024 employer contribution ran below the $1,313 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.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$7,862
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,862 · 0.15%
2023$6,448 · 0.15%
2022$5,257 · 0.13%
Same employer
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W3 Luxury Living TX$6.2M · 0.10%
Kairoi Management, LLC TX$6.0M · 0.90%
Homeward, Inc. TX$5.9M · 1.07%
Allpoints Services Corp. TX$5.8M · 0.44%
Patten Gp, LLC TX$5.8M · 0.09%
Sueba USA Corporation TX$5.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431174502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.