Plan Ledger DOL Form 5500 · updated monthly

Mhm Services, Inc.401(k)

CENTURION 401(K) SAVINGS PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Mhm Services, Inc. reported $179,156 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $885 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 fell from 0.21% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 165th-largest of 2,266 plans among Virginia employers on file, and the 667th of 11,911 in health care & social assistance. In 2024, employees put in $3.27 for every $1.00 the employer contributed; active participation has grown from 6,576 to 8,779 since 2022.

Plan summary
Net assets, end of year$188,895,931
Participants with balances5,110
Active participants8,779
Employer contributions$7,768,379
Employee contributions$25,403,210
Employer contribution per active participant$885
Average account balance$36,966
Benefits paid to participants$21,776,556
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$188.9M · 5,110 accts · $7.8M emplr
2023$151.5M · 4,526 accts · $7.0M emplr
2022$120.9M · 4,468 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,125
Investment management$63,750
Audit (IQPA)$29,281
Total administrative$179,156
The Mhm Services, Inc. 401(k) match · 2024
Employer contribution per active participant$885
Median for plans this size$3,635
2024$885 per active participant
2023$1,018 per active participant
2022$1,046 per active participant

Mhm Services, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$86,125
KESTRA ADVISORY SERVICES · Consulting$63,750
APRIO, LLP · Accounting / audit$29,281

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$179,156 · 0.11%
2023$275,154 · 0.20%
2022$271,454 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Uva Community Health VA$218.7M · 0.15%
Loudon Medical Group, P.C. VA$199.6M · 0.17%
Capital Vision Services, LLC VA$194.2M · 0.24%
Augusta Health Care VA$149.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825316510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.