Plan Ledger DOL Form 5500 · updated monthly

Mib Group Holdings Inc.401(k)

MIB GROUP HOLDINGS INC. 401(K) RETIREMENT SAVINGS PLAN · BRAINTREE, MA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Mib Group Holdings Inc. reported $122,800 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $8,669 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 3 years on file its reported administrative ratio has held roughly steady near 0.193%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 579th-largest of 2,726 plans among Massachusetts employers on file, and the 427th of 2,199 in information & media. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,896,271
Participants with balances222
Active participants115
Employer contributions$996,970
Employee contributions$1,738,945
Employer contribution per active participant$8,669
Average account balance$292,326
Benefits paid to participants$7,241,510
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.9M · 222 accts · $997K emplr
2023$62.6M · 231 accts · $1.0M emplr
2022$59.5M · 241 accts · $829K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,436
Investment management$56,364
Total administrative$122,800
The Mib Group Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$8,669
Median for plans this size$3,635
2024$8,669 per active participant
2023$9,541 per active participant
2022$7,275 per active participant

Mib Group Holdings Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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.

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 · 20242
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$56,364

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$122,800 · 0.19%
2023$119,944 · 0.20%
2022$122,502 · 0.19%
Same employer
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Sovos Compliance, LLC MA$93.6M · 0.21%
Atn International, Inc. MA$77.6M · 0.25%
Quickbase, Inc. MA$73.8M · 0.07%
Alegeus Technologies, LLC MA$71.2M · 0.19%
Brightcove Inc. MA$61.6M · 0.00%
Posit Software, Pbc MA$53.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863775868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.