Plan Ledger DOL Form 5500 · updated monthly

Miracle Software Systems, Inc.401(k)

MIRACLE SOFTWARE SYSTEMS, INC. 401K PLAN · NOVI, MI · plan year 2024

Reported admin expense ratio · 2024
0.38%

Miracle Software Systems, Inc. reported $28,659 in plan administrative expenses for 2024: 0.38% 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 rose from 0.35% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,707th of 2,619), and 8,704th of 11,654 in professional & technical services. active participation has shrunk from 376 to 319 since 2022.

Plan summary
Net assets, end of year$7,959,578
Participants with balances127
Active participants319
Employer contributions—
Employee contributions$1,193,470
Employer contribution per active participant—
Average account balance$62,674
Benefits paid to participants$1,451,724
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 127 accts
2023$7.0M · 129 accts
2022$5.3M · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,268
Investment management$13,391
Total administrative$28,659
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
ADP, INC. · Loan processing · Recordkeeping$15,268
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$13,390
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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$28,659 · 0.38%
2023$21,343 · 0.35%
2022$18,998 · 0.35%
Same employer
Similar plansProfessional & Technical Services · Michigan
Lambert Global, LLC MI$8.1M · 0.65%
Iconma LLC MI$8.1M · 0.95%
Optech, LLC MI$8.0M · 0.60%
Gs Engineering, Inc. MI$7.4M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383256847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.