Plan Ledger DOL Form 5500 · updated monthly

Miniluxe, Inc.401(k)

MINILUXE, INC.401K PROFIT SHARING PLAN AND TRUST · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.45%

Miniluxe, Inc. reported $10,488 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. 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 0.60% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (2,521st of 2,726), and 2,721st of 3,341 in other services. active participation has grown from 191 to 271 since 2022.

Plan summary
Net assets, end of year$2,700,849
Participants with balances213
Active participants271
Employer contributions—
Employee contributions$556,280
Employer contribution per active participant—
Average account balance$12,680
Benefits paid to participants$189,692
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 213 accts
2023$2.0M · 218 accts
2022$1.3M · 222 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,145
Investment management$5,343
Total administrative$10,488
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
MAYFLOWER FINANCIAL ADVISORS, LLC · Recordkeeping · Trustee$5,342
ADP, INC. · Loan processing · Recordkeeping$5,144
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, MAYFLOWER FINANCIAL ADVISORS, LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Miniluxe, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,488 · 0.45%
2023$7,617 · 0.46%
2022$7,477 · 0.60%
Same employer
Similar plansOther Services · Massachusetts
Veterans, Inc. MA$3.0M · 1.10%
Mass Park, Inc. MA$2.3M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204760849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.