Mhs Lift Holdings Inc.401(k)
MHS LIFT HOLDINGS. INC. RETIREMENT SAVINGS PLAN · PENNSAUKEN, NJ · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Mhs Lift Holdings Inc. reported $6,803 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,473 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 has held roughly steady near 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,161st-largest of 2,419 plans among New Jersey employers on file, and 2,172nd of 4,246 in wholesale trade. In 2023, employees put in $3.79 for every $1.00 the employer contributed.
Mhs Lift Holdings Inc.'s 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 231738019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.