Plan Ledger DOL Form 5500 · updated monthly

Management Resources, Inc.Profit-sharing plan

THE MRU INVEST IN YOUR FUTURE PLAN · MIAMI SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
0.77%

Management Resources, Inc. reported $20,276 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (2,961st of 3,644), and 2,782nd of 3,091 in educational services. active participation has grown from 134 to 153 since 2022.

Plan summary
Net assets, end of year$2,640,278
Participants with balances163
Active participants153
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$16,198
Benefits paid to participants$227,405
Plan auditUnmodified (clean) audit opinion
AuditorROSALINE MENDOZA, CPA, PA
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 163 accts
2023$2.6M · 163 accts · $430K emplr
2022$2.0M · 154 accts · $571K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,276
Total administrative$20,276
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 LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$16,625
THE BENEFIT PRACTICE · Recordkeeping · Loan processing$3,125
MESIROW FINANCIAL, INC. · Investment advisory (plan)$526

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

Recordkeeper by year2
2024THE BENEFIT PRACTICE, Transamerica
2023THE BENEFIT PRACTICE, Transamerica

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

Administrative cost history3
2024$20,276 · 0.77%
2023$16,175 · 0.70%
2022$15,600 · 0.76%
Similar plansEducational Services · Florida
Agmus Ventures Inc FL$3.3M · 0.53%
Indtai Inc FL$3.1M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650633679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.