Mjm Yachts LLC401(k)
MJM YACHTS, LLC 401(K) PROFIT SHARING PLAN & TRUST · WASHINGTON, NC · plan year 2023
Mjm Yachts LLC reported $22,937 in plan administrative expenses for 2023: 5.14% of average plan assets, higher than ~90% 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 1 year on file its reported administrative ratio fell from 5.14% to 3.56%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,933rd of 2,005), and 13,444th of 13,661 in manufacturing.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 813885938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.