Plan Ledger DOL Form 5500 · updated monthly

Milan Laser Holdings LLC401(k)

MILAN HOLDINGS RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Milan Laser Holdings LLC reported $154,039 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,007 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 0.66% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 204th-largest of 565 plans among Nebraska employers on file, and the 3,021st of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 746 to 1,810 since 2022.

Plan summary
Net assets, end of year$26,694,888
Participants with balances1,342
Active participants1,810
Employer contributions$3,632,097
Employee contributions$6,345,049
Employer contribution per active participant$2,007
Average account balance$19,892
Benefits paid to participants$4,165,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 1,342 accts · $3.6M emplr
2023$16.7M · 1,121 accts · $2.7M emplr
2022$6.1M · 481 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,044
Investment management$48,995
Total administrative$154,039
The Milan Laser Holdings LLC 401(k) match · 2024
Employer contribution per active participant$2,007
Median for plans this size$2,416
2024$2,007 per active participant
2023$1,674 per active participant
2022$1,392 per active participant

Milan Laser Holdings LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$105,044
LUTZ FINANCIAL SERVICES LLC · Investment advisory (plan)$48,995

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$154,039 · 0.71%
2023$78,911 · 0.69%
2022$33,095 · 0.66%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Quality Living, Inc. NE$31.7M · 0.43%
Community Hospital NE$27.5M · 0.04%
Tabitha, Inc. NE$26.3M · 0.68%
Memorial Community Hospital NE$25.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364946885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.