Plan Ledger DOL Form 5500 · updated monthly

Mile Two, LLC401(k)

MILE TWO 401(K) PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Mile Two, LLC reported $36,490 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $7,108 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 0.12% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,203rd of 3,295), and 8,703rd of 11,654 in professional & technical services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 115 to 85 since 2022.

Plan summary
Net assets, end of year$7,959,931
Participants with balances123
Active participants85
Employer contributions$604,138
Employee contributions$990,965
Employer contribution per active participant$7,108
Average account balance$64,715
Benefits paid to participants$516,937
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 123 accts · $604K emplr
2023$5.7M · 144 accts · $454K emplr
2022$4.2M · 151 accts · $396K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,315
Investment management$16,175
Total administrative$36,490
The Mile Two, LLC 401(k) match · 2024
Employer contribution per active participant$7,108
Median for plans this size$1,313
2024$7,108 per active participant
2023$5,283 per active participant
2022$3,440 per active participant

Mile Two, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$15,948
EMPOWER ADVISORY GROUP, LLC · Investment management$227

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$36,490 · 0.54%
2023$6,847 · 0.14%
2022$4,708 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Ohio
Mix Talent, LLC OH$8.2M · 1.33%
System Seals, Inc. OH$8.1M · 0.18%
Reimer Law Co. OH$8.1M · 0.10%
Slk America Inc. OH$8.0M · 0.44%
Enviroscience, Inc. OH$7.9M · 0.45%
Fathom Seo, LLC OH$7.8M · 0.72%
Sigmatek Systems, LLC OH$7.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474094933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.