Plan Ledger DOL Form 5500 · updated monthly

Mhh Holdings III, LLC401(k)

MGA HOME HEALTHCARE 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Mhh Holdings III, LLC reported $183,723 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $120 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 1.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 358th-largest of 1,285 plans among Arizona employers on file, and the 593rd of 2,534 in administrative & support services. In 2024, employees put in $9.26 for every $1.00 the employer contributed; active participation has grown from 2,538 to 3,852 since 2022.

Plan summary
Net assets, end of year$20,770,483
Participants with balances1,156
Active participants3,852
Employer contributions$461,928
Employee contributions$4,278,684
Employer contribution per active participant$120
Average account balance$17,968
Benefits paid to participants$2,399,361
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 1,156 accts · $462K emplr
2023$15.6M · 949 accts · $367K emplr
2022$10.7M · 784 accts · $323K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,723
Total administrative$183,723
The Mhh Holdings III, LLC 401(k) match · 2024
Employer contribution per active participant$120
Median for plans this size$2,416
2024$120 per active participant
2023$111 per active participant
2022$127 per active participant

Mhh Holdings III, LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$183,723
HARBOR INVESTMENT ADVISORY LLC · Investment advisory (plan)indirect comp

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$183,723 · 1.01%
2023$124,472 · 0.95%
2022$106,604 · 0.98%
Similar plansAdministrative & Support Services · Arizona
The Alliance Group AZ$42.8M · 0.93%
Vixxo Corporation AZ$33.8M · 0.38%
Arrivia, Inc. AZ$29.9M · 1.11%
Infusion Software, Inc. AZ$19.2M · 0.42%
Liveops, Inc. AZ$19.1M · 0.39%
Strongmind, Inc. AZ$17.1M · 0.56%
Tag Employer Services, Inc AZ$12.7M · 22.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844074494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.