Miq Digital USA, Inc.401(k)
MEDIA IQ DIGITAL N.A. 401(K) PLAN · NEW YORK, NY · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Miq Digital USA, Inc. reported $4,745 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,662 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 5 years on file its reported administrative ratio fell from 0.040% to 0.037%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (2,882nd of 5,648), and 6,401st of 11,654 in professional & technical services. In 2023, employees put in $5.92 for every $1.00 the employer contributed; active participation has grown from 155 to 315 since 2018.
Miq Digital USA, Inc.'s 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 461255166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.