Plan Ledger DOL Form 5500 · updated monthly

Millennium International Management LP401(k)

MILLENNIUM INTERNATIONAL MANAGEMENT LP SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Millennium International Management LP reported $90,241 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,205 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 0.023% to 0.019%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 213th-largest of 5,648 plans among New York employers on file, and the 35th of 2,534 in administrative & support services. In 2024, employees put in $7.48 for every $1.00 the employer contributed; active participation has grown from 2,079 to 2,603 since 2022.

Plan summary
Net assets, end of year$545,931,505
Participants with balances3,528
Active participants2,603
Employer contributions$8,343,710
Employee contributions$62,431,095
Employer contribution per active participant$3,205
Average account balance$154,742
Benefits paid to participants$34,139,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$545.9M · 3,528 accts · $8.3M emplr
2023$423.7M · 3,183 accts · $6.6M emplr
2022$309.9M · 2,790 accts · $6.3M emplr
The Millennium International Management LP 401(k) match · 2024
Employer contribution per active participant$3,205
Median for plans this size$4,294
2024$3,205 per active participant
2023$2,797 per active participant
2022$3,011 per active participant

Millennium International Management LP's 2024 employer contribution ran below the $4,294 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
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$162,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$90,241 · 0.02%
2023$1,181 · 0.00%
2022$73,321 · 0.02%
Similar plansAdministrative & Support Services · New York
Abm Industries Incorporated NY$695.8M · 0.16%
Genpact, LLC NY$602.3M · 0.11%
Alcott HR Group, LLC NY$228.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133994985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.