Plan Ledger DOL Form 5500 · updated monthly

Mitchells Salon and Day Spa, Inc.401(k)

MITCHELL'S SALON AND DAY SPA, INC. 401(K) PLAN · WEST CHESTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

Mitchells Salon and Day Spa, Inc. reported $3,250 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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 0.02% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (1,966th of 3,295), and the 1,631st of 3,341 in other services. active participation has grown from 248 to 273 since 2022.

Plan summary
Net assets, end of year$10,313,346
Participants with balances207
Active participants273
Employer contributions—
Employee contributions$478,930
Employer contribution per active participant—
Average account balance$49,823
Benefits paid to participants$248,498
Plan auditUnmodified (clean) audit opinion
AuditorATLAS CPAS & ADVISORS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 207 accts
2023$8.7M · 169 accts
2022$7.3M · 143 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,700
Total administrative$3,250
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
MMA SECURITIES LLCindirect comp

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$3,250 · 0.03%
2023$2,625 · 0.03%
2022$1,875 · 0.02%
Similar plansOther Services · Ohio
Area Office on Aging OH$11.3M · 0.12%
Coalition on Homelessness OH$10.4M · 0.34%
Cincinnati Nature Center OH$8.9M · 0.08%
Freestore Foodbank Inc. OH$8.9M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311231972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.