Plan Ledger DOL Form 5500 · updated monthly

Mirra Company, LLC401(k)

MIRRA COMPANY, LLC 401(K) PROFIT SHARING PLAN · GEORGETOWN, MA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Mirra Company, LLC reported $63,768 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,003 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 fell from 0.67% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Massachusetts (1,761st of 2,726), and 2,855th of 5,337 in construction. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,695,510
Participants with balances154
Active participants232
Employer contributions$464,607
Employee contributions$880,016
Employer contribution per active participant$2,003
Average account balance$75,945
Benefits paid to participants$1,294,993
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 154 accts · $465K emplr
2023$10.2M · 154 accts · $457K emplr
2022$7.7M · 152 accts · $399K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,011
Investment management$31,757
Total administrative$63,768
The Mirra Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,003
Median for plans this size$2,416
2024$2,003 per active participant
2023$1,865 per active participant
2022$1,711 per active participant

Mirra Company, LLC'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 · 20242
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$32,011
SENTINEL PENSION ADVISORS · Investment advisory (plan)$31,757

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$63,768 · 0.58%
2023$52,804 · 0.59%
2022$52,612 · 0.67%
Same employer
Similar plansConstruction · Massachusetts
Helical Drilling, Inc. MA$12.0M · 0.34%
Greenwood Industries, Inc. MA$11.6M · 0.74%
Treviicos Corporation MA$10.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042203027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.