Plan Ledger DOL Form 5500 · updated monthly

Miller & Milone, P.C.401(k)

MILLER & MILONE, P.C. 401K PROFIT SHARING PLAN & TRUST · GARDEN CITY, NY · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Miller & Milone, P.C. reported $2,999 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $883 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,382nd of 5,648), and 11,331st of 11,654 in professional & technical services. In 2022, employees put in $4.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$783,338
Participants with balances29
Active participants7
Employer contributions$6,183
Employee contributions$30,349
Employer contribution per active participant$883
Average account balance$27,012
Benefits paid to participants$260,081
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,999
Total administrative$2,999
The Miller & Milone, P.C. 401(k) match · 2022
Employer contribution per active participant$883
Median for plans this size$1,114

Miller & Milone, P.C.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,999 · 0.08%
Similar plansProfessional & Technical Services · New York
Asr International Corp NY$1.1M · 0.17%
Steven Dubner Landscaping NY$1.1M · 0.97%
True Care Ventures LLC NY$528K · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113249636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.