Plan Ledger DOL Form 5500 · updated monthly

Mintz Group LLC401(k)

MINTZ GROUP LLC 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Mintz Group LLC reported $71,334 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $5,309 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 0.38% to 0.43%. 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 2,775th-largest of 5,648 plans among New York employers on file, and the 710th of 2,534 in administrative & support services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has shrunk from 137 to 92 since 2022.

Plan summary
Net assets, end of year$16,847,410
Participants with balances123
Active participants92
Employer contributions$488,385
Employee contributions$1,035,684
Employer contribution per active participant$5,309
Average account balance$136,971
Benefits paid to participants$3,456,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 123 accts · $488K emplr
2023$16.7M · 135 accts · $597K emplr
2022$15.2M · 150 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,334
Total administrative$71,334
The Mintz Group LLC 401(k) match · 2024
Employer contribution per active participant$5,309
Median for plans this size$2,416
2024$5,309 per active participant
2023$5,100 per active participant
2022$10,079 per active participant

Mintz Group 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$71,333
LPL FINANCIAL LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$71,334 · 0.43%
2023$66,328 · 0.42%
2022$64,550 · 0.38%
Same employer
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Axelon Services Corporation NY$18.1M · 0.21%
Pritchard Industries, LLC NY$17.3M · 0.43%
Aaa Northway, Inc. NY$16.3M · 0.04%
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Source: U.S. Department of Labor, Form 5500 series, EIN 133699793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.