Plan Ledger DOL Form 5500 · updated monthly

Mfpjjrt Enterprises, Inc.401(k)

MFPJJRT ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · NEW WINDSOR, NY · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Mfpjjrt Enterprises, Inc. reported $35,301 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $989 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 accommodation & food services employers. By assets it is among the smaller plans on file in New York (4,729th of 5,648), and the 1,063rd of 2,240 in accommodation & food services. In 2022, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,743,121
Participants with balances70
Active participants125
Employer contributions$123,619
Employee contributions$254,279
Employer contribution per active participant$989
Average account balance$53,473
Benefits paid to participants$78,763
Plan auditUnmodified (clean) audit opinion
AuditorRBT CPAS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,580
Investment management$721
Total administrative$35,301
The Mfpjjrt Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$989
Median for plans this size$1,114

Mfpjjrt Enterprises, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$35,301 · 0.90%
Similar plansAccommodation & Food Services · New York
Mighty Taco. Inc. NY$4.1M · 0.84%
Nicotra Group, LLC NY$3.8M · 0.05%
Goldbely, Inc. NY$3.6M · 0.17%
Cipriani USA Inc NY$3.6M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141620990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.