Mi Prime Logistics LLC401(k)
MI PREMIER LOGISTICS, LLC 401(K) PLAN · ADA, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Mi Prime Logistics LLC reported $21 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $47 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (2,610th of 2,619), and 2,647th of 2,677 in transportation & warehousing. In 2024, employees put in $5.63 for every $1.00 the employer contributed.
Mi Prime Logistics LLC's 2024 employer contribution ran below the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 834035079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.