Plan Ledger DOL Form 5500 · updated monthly

Mhi Shared Services Americas Inc.401(k)

MHI SHARED SERVICES AMERICAS INC. 401K PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Mhi Shared Services Americas Inc. reported $600,598 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,133 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 0.10% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 215th-largest of 5,688 plans among Texas employers on file, and the 608th of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$460,371,809
Participants with balances3,448
Active participants2,817
Employer contributions$20,093,943
Employee contributions$27,612,609
Employer contribution per active participant$7,133
Average account balance$133,519
Benefits paid to participants$61,600,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$460.4M · 3,448 accts · $20.1M emplr
2023$397.0M · 3,248 accts · $19.0M emplr
2022$326.5M · 3,340 accts · $18.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,808
Investment management$480,790
Audit (IQPA)$29,000
Total administrative$600,598
The Mhi Shared Services Americas Inc. 401(k) match · 2024
Employer contribution per active participant$7,133
Median for plans this size$4,294
2024$7,133 per active participant
2023$7,374 per active participant
2022$6,727 per active participant

Mhi Shared Services Americas Inc.'s 2024 employer contribution ran above the $4,294 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$247,762
NFP RETIREMENT INC · Investment advisory (participants)$233,028
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$198,032
CARON & BLETZER, PLLC · Accounting / audit$29,000

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$600,598 · 0.14%
2023$356,181 · 0.10%
2022$342,830 · 0.10%
Similar plansManufacturing · Texas
Sulzer US Holding Inc. TX$546.9M · 0.09%
Arm, Inc. TX$533.1M · 0.04%
Nec Corporation of America TX$468.7M · 0.05%
Weir Group, Inc. TX$444.2M · 0.12%
Galderma Services, Inc. TX$423.8M · 0.09%
Omnicell, Inc. TX$420.5M · 0.08%
Sasol USA Corporation TX$417.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813608934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.