Plan Ledger DOL Form 5500 · updated monthly

Mickey Mart, Inc.401(k)

MICKEY MART, INC. 401(K) PROFIT SHARING PLAN · MILAN, OH · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Mickey Mart, Inc. reported $28,831 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $133 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 fell from 1.60% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,779th of 3,295), and 4,220th of 5,215 in retail trade. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 613 to 2,345 since 2022.

Plan summary
Net assets, end of year$3,463,149
Participants with balances199
Active participants2,345
Employer contributions$311,931
Employee contributions$303,754
Employer contribution per active participant$133
Average account balance$17,403
Benefits paid to participants$210,185
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 199 accts · $312K emplr
2023$2.7M · 179 accts · $85K emplr
2022$2.2M · 147 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,445
Investment management$36
Total administrative$28,831
The Mickey Mart, Inc. 401(k) match · 2024
Employer contribution per active participant$133
Median for plans this size$1,313
2024$133 per active participant
2023$62 per active participant
2022$323 per active participant

Mickey Mart, Inc.'s 2024 employer contribution ran below the $1,313 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.

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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$27,326
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (participants)$1,446

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$28,831 · 0.94%
2023$19,581 · 0.80%
2022$36,669 · 1.60%
Similar plansRetail Trade · Ohio
Carcorp, Inc. OH$3.3M · 1.07%
R&R Resale, LLC OH$3.2M · 0.93%
Evans Motorworks, Inc. OH$3.1M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341643305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.