Plan Ledger DOL Form 5500 · updated monthly

Mile Hi Corporate Services, LLC401(k)

MILE HI CORPORATE SERVICES, LLC 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Mile Hi Corporate Services, LLC reported $131,082 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,131 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 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 469th-largest of 1,461 plans among Colorado employers on file, and the 558th of 2,534 in administrative & support services. In 2024, employees put in $3.36 for every $1.00 the employer contributed; active participation has shrunk from 368 to 290 since 2022.

Plan summary
Net assets, end of year$22,591,851
Participants with balances540
Active participants290
Employer contributions$327,980
Employee contributions$1,102,064
Employer contribution per active participant$1,131
Average account balance$41,837
Benefits paid to participants$1,850,983
Plan auditUnmodified (clean) audit opinion
AuditorROSE SNYDER & JACOBS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 540 accts · $328K emplr
2023$20.5M · 565 accts · $432K emplr
2022$18.9M · 798 accts · $431K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,082
Total administrative$131,082
The Mile Hi Corporate Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,131
Median for plans this size$2,416
2024$1,131 per active participant
2023$1,761 per active participant
2022$1,172 per active participant

Mile Hi Corporate Services, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$126,841
NOVA 401(K) ASSOCIATES · Contract administrator · Other services$5,673
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect comp

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$131,082 · 0.61%
2023$131,238 · 0.67%
2022$122,534 · 0.60%
Same employer
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Velocity Global USA LLC CO$26.2M · 1.83%
Velocity Global, LLC CO$25.9M · 0.33%
23, LTD. CO$22.6M · 0.00%
Lutra, LLC CO$17.2M · 0.03%
Partners Peo, LLC CO$16.9M · 1.12%
Heorot Power Holdings LLC CO$16.0M · 0.03%
Startek USA, Inc. CO$12.2M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273748143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.