Plan Ledger DOL Form 5500 · updated monthly

Mentor Technical Group Corp.401(k)

MENTOR TECHNICAL GROUP CORP. PROFIT SHARING AND SAVINGS PLAN · CAGUAS, PR · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Mentor Technical Group Corp. reported $27,535 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $146 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in PR (162nd of 323), and 9,265th of 11,654 in professional & technical services. In 2024, employees put in $6.12 for every $1.00 the employer contributed; active participation has grown from 403 to 482 since 2022.

Plan summary
Net assets, end of year$6,335,468
Participants with balances224
Active participants482
Employer contributions$70,532
Employee contributions$431,757
Employer contribution per active participant$146
Average account balance$28,283
Benefits paid to participants$341,305
Plan auditUnmodified (clean) audit opinion
AuditorRODRIGUEZ-SANABRIA & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 224 accts · $71K emplr
2023$5.3M · 201 accts · $59K emplr
2022$4.7M · 212 accts · $72K emplr
The Mentor Technical Group Corp. 401(k) match · 2024
Employer contribution per active participant$146
Median for plans this size$1,313
2024$146 per active participant
2023$119 per active participant
2022$179 per active participant

Mentor Technical Group Corp.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
INDEPENDENT FINANCIAL GROUP LLC · Investment advisory (plan)$17,549

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

Administrative cost history3
2024$27,535 · 0.47%
2023$24,535 · 0.49%
2022$24,838 · 0.48%
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Source: U.S. Department of Labor, Form 5500 series, EIN 660596427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.