Plan Ledger DOL Form 5500 · updated monthly

Millicom International Services, LLC401(k)

MILLICOM INTERNATIONAL SERVICES EMPLOYEES' RETIREMENT SAVINGS PLAN · FLORIDA, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Millicom International Services, LLC reported $7,671 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,067 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 0.040% to 0.036%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,054th-largest of 3,644 plans among Florida employers on file, and the 5,230th of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 195 to 81 since 2022.

Plan summary
Net assets, end of year$21,823,592
Participants with balances181
Active participants81
Employer contributions$734,447
Employee contributions$1,610,439
Employer contribution per active participant$9,067
Average account balance$120,572
Benefits paid to participants$4,419,440
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 181 accts · $734K emplr
2023$20.7M · 189 accts · $1.2M emplr
2022$15.5M · 215 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$794
Investment management$6,877
Total administrative$7,671
The Millicom International Services, LLC 401(k) match · 2024
Employer contribution per active participant$9,067
Median for plans this size$2,416
2024$9,067 per active participant
2023$9,974 per active participant
2022$6,070 per active participant

Millicom International Services, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,877
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$794

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$7,671 · 0.04%
2023$7,205 · 0.04%
2022$6,355 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Florida
Teamviewer US, Inc. FL$21.9M · 0.68%
Naylor, L.L.C. FL$21.8M · 0.43%
Bbc International LLC FL$21.7M · 0.13%
Invisors, LLC FL$21.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270590110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.