Plan Ledger DOL Form 5500 · updated monthly

Miami International Holdings, Inc.401(k)

MIAMI INTERNATIONAL HOLDINGS, INC. 401(K) PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Miami International Holdings, Inc. reported $1,713 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,354 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 0.003% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 532nd-largest of 2,419 plans among New Jersey employers on file, and the 2,458th of 11,654 in professional & technical services. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 216 to 390 since 2022.

Plan summary
Net assets, end of year$57,368,737
Participants with balances348
Active participants390
Employer contributions$1,698,051
Employee contributions$5,164,015
Employer contribution per active participant$4,354
Average account balance$164,853
Benefits paid to participants$3,883,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.4M · 348 accts · $1.7M emplr
2023$44.6M · 275 accts · $1.2M emplr
2022$33.0M · 212 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,713
Total administrative$1,713
The Miami International Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,354
Median for plans this size$3,635
2024$4,354 per active participant
2023$4,316 per active participant
2022$8,063 per active participant

Miami International Holdings, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,713

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$1,713 · 0.00%
2023$1,406 · 0.00%
2022$826 · 0.00%
Similar plansProfessional & Technical Services · New Jersey
Scitec, Inc. NJ$60.4M · 0.01%
Evotec (US) Inc. NJ$59.1M · 0.14%
Birlasoft Solutions, Inc. NJ$57.0M · 0.44%
L&T Technology Services LTD NJ$56.6M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261482385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.