Plan Ledger DOL Form 5500 · updated monthly

Minuteman Press International, Inc.401(k)

MINUTEMAN PRESS INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN · FARMINGDALE, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Minuteman Press International, Inc. reported $24,430 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,371 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 0.10% to 0.11%. 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 2,239th-largest of 5,648 plans among New York employers on file, and the 4,893rd of 11,654 in professional & technical services. In 2024, employees put in $3.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,071,065
Participants with balances106
Active participants86
Employer contributions$203,887
Employee contributions$773,224
Employer contribution per active participant$2,371
Average account balance$227,086
Benefits paid to participants$1,345,097
Plan auditUnmodified (clean) audit opinion
AuditorCRAIG, FITZSIMMONS & MEYER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 106 accts · $204K emplr
2023$21.1M · 104 accts · $189K emplr
2022$19.0M · 101 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,430
Total administrative$24,430
The Minuteman Press International, Inc. 401(k) match · 2024
Employer contribution per active participant$2,371
Median for plans this size$2,416
2024$2,371 per active participant
2023$2,220 per active participant
2022$2,145 per active participant

Minuteman Press International, 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$196

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,430 · 0.11%
2023$21,318 · 0.11%
2022$21,537 · 0.10%
Similar plansProfessional & Technical Services · New York
Envirotrac LTD. NY$24.6M · 0.30%
Handel Architects LLP NY$24.1M · 0.35%
Netatwork, LLC NY$24.0M · 0.26%
Innovid LLC NY$23.9M · 0.60%
Janover, LLC NY$23.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112347290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.