Plan Ledger DOL Form 5500 · updated monthly

Mimeo, Inc.401(k)

MIMEO, INC. 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Mimeo, Inc. reported $92,374 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,329 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 0.61% to 0.68%. 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 685th-largest of 1,496 plans among Tennessee employers on file, and the 779th of 2,534 in administrative & support services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 310 to 342 since 2022.

Plan summary
Net assets, end of year$14,661,600
Participants with balances238
Active participants342
Employer contributions$454,655
Employee contributions$997,798
Employer contribution per active participant$1,329
Average account balance$61,603
Benefits paid to participants$1,068,684
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 238 accts · $455K emplr
2023$12.6M · 239 accts · $422K emplr
2022$10.0M · 336 accts · $420K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,350
Investment management$81,784
Total administrative$92,374
The Mimeo, Inc. 401(k) match · 2024
Employer contribution per active participant$1,329
Median for plans this size$2,416
2024$1,329 per active participant
2023$1,286 per active participant
2022$1,354 per active participant

Mimeo, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20245
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$33,125
PLAN ADMINISTRATION & CONSULTINGLLC · Contract administrator$25,694
EMPOWER ADVISORY GROUP, LLC · Investment management$9,767
WATKINS UIBERALL, PLLC · Accounting / audit$7,983

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$92,374 · 0.68%
2023$84,251 · 0.75%
2022$68,860 · 0.61%
Same employer
Similar plansAdministrative & Support Services · Tennessee
Golden Svcs, LLC TN$18.5M · 0.72%
Tbhc Delivers, LLC TN$15.3M · 0.57%
Invo Peo, Inc. TN$14.4M · 1.04%
Lumina Foods, LLC TN$13.2M · 0.61%
Hctec Partners TN$10.4M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134012728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.