Plan Ledger DOL Form 5500 · updated monthly

Misa Imports, Inc.401(k)

MISA IMPORTS, INC. 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Misa Imports, Inc. reported $73,024 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,420 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 3 years on file its reported administrative ratio has held roughly steady near 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,795th-largest of 5,688 plans among Texas employers on file, and 2,684th of 4,246 in wholesale trade. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 140 to 170 since 2022.

Plan summary
Net assets, end of year$11,965,121
Participants with balances185
Active participants170
Employer contributions$1,091,384
Employee contributions$842,997
Employer contribution per active participant$6,420
Average account balance$64,676
Benefits paid to participants$887,119
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 185 accts · $1.1M emplr
2023$9.5M · 173 accts · $835K emplr
2022$7.1M · 224 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,024
Total administrative$73,024
The Misa Imports, Inc. 401(k) match · 2024
Employer contribution per active participant$6,420
Median for plans this size$2,416
2024$6,420 per active participant
2023$5,925 per active participant
2022$9,179 per active participant

Misa Imports, Inc.'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 · 20244
RAYMOND JAMES · Investment advisory (plan)$29,912
EMPOWER ADVISORY GROUP LLC · Investment management$7,240
DEFINITI LLC · Contract administrator$6,009

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$73,024 · 0.68%
2023$56,663 · 0.68%
2022$45,615 · 0.69%
Similar plansWholesale Trade · Texas
Ala, LLC TX$12.6M · 0.40%
Biourja Holdings, LLC TX$12.5M · 0.79%
Parrish-Hare Supply, LLC TX$12.2M · 0.14%
Guido Companies, Inc. TX$12.0M · 0.28%
Giglio Distributing Company TX$11.9M · 0.01%
Petroleum Wholesale, L.P. TX$11.7M · 0.65%
Vector Controls, LLC TX$11.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020683816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.