Plan Ledger DOL Form 5500 · updated monthly

Miami Management, Inc.401(k)

MIAMI MANAGEMENT, INC. RETIREMENT PLAN · MIAMI, FL · plan year 2022

Reported admin expense ratio · 2022
1.73%

Miami Management, Inc. reported $5,057 in plan administrative expenses for 2022: 1.73% of average plan assets, higher than ~75% of peers. 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 4,041 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (3,547th of 3,644), and 2,053rd of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$305,182
Participants with balances30
Active participants456
Employer contributions—
Employee contributions$90,321
Employer contribution per active participant—
Average account balance$10,173
Benefits paid to participants$39,962
Plan auditUnmodified (clean) audit opinion
AuditorKSDT
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,057
Total administrative$5,057
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,057 · 1.73%
Same employer
Similar plansReal Estate & Leasing · Florida
Er Travel LLC FL$212K · 1.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650068183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.