Plan Ledger DOL Form 5500 · updated monthly

Mitchell & Titus, LLP401(k)

MITCHELL & TITUS, LLP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Mitchell & Titus, LLP reported $1,525 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,572 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 0.006% to 0.011%. 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 among the smaller plans on file in New York (3,013th of 5,648), and 6,679th of 11,654 in professional & technical services. In 2024, employees put in $4.16 for every $1.00 the employer contributed; active participation has grown from 87 to 103 since 2022.

Plan summary
Net assets, end of year$14,572,450
Participants with balances170
Active participants103
Employer contributions$161,896
Employee contributions$673,972
Employer contribution per active participant$1,572
Average account balance$85,720
Benefits paid to participants$1,084,142
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 170 accts · $162K emplr
2023$13.0M · 168 accts · $115K emplr
2022$11.0M · 166 accts · $710 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,525
Total administrative$1,525
The Mitchell & Titus, LLP 401(k) match · 2024
Employer contribution per active participant$1,572
Median for plans this size$2,416
2024$1,572 per active participant
2023$1,311 per active participant
2022$8 per active participant

Mitchell & Titus, LLP'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,525

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$1,525 · 0.01%
2023$875 · 0.01%
2022$675 · 0.01%
Similar plansProfessional & Technical Services · New York
Fnz USA Inc. NY$15.1M · 0.25%
Synacor, Inc NY$15.0M · 0.23%
Mparticle Inc. NY$14.7M · 0.01%
Gympass US, LLC NY$14.5M · 0.04%
Mace North America, LTD NY$14.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132781641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.