Plan Ledger DOL Form 5500 · updated monthly

Mhky Management Services, LLC403(b)

MASONIC HOMES KY RETIREMENT SAVINGS PLAN · MASONIC HOME, KY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Mhky Management Services, LLC reported $31,515 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $840 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 435th-largest of 871 plans among Kentucky employers on file, and the 5,292nd of 11,911 in health care & social assistance. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,489,558
Participants with balances221
Active participants476
Employer contributions$399,812
Employee contributions$824,598
Employer contribution per active participant$840
Average account balance$51,989
Benefits paid to participants$1,591,653
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,744
Investment management$21,771
Total administrative$31,515
The Mhky Management Services, LLC 401(k) match · 2024
Employer contribution per active participant$840
Median for plans this size$2,416

Mhky Management Services, 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 · 20244
STOCK YARDS BANK & TRUST · Investment advisory (plan)$21,394
EMPOWER ADVISORY GROUP, LLC · Investment management$377
AMERIPRISE FINANCIAL SERVICES LLCindirect comp

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

Administrative cost history1
2024$31,515 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Cedar Lake Workforce, LLC KY$12.5M · 0.16%
Inlet Health, Inc. KY$12.3M · 0.82%
Cumberland County Hospital KY$11.6M · 0.01%
Learning Grove, Inc. KY$10.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 991685481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.