What are the fees in the Mksk, Inc. 401(k) plan?

For plan year 2024, Mksk, Inc. reported $62,976 in plan administrative expenses, or 0.69% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Mksk, Inc. 401(k)?

The average participant account balance was $73,650 for plan year 2024, based on 132 accounts.

Mksk, Inc.401(k)

Name: Mksk, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MKSK, INC. 401(K) SAVINGS AND PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024

0.69%

Mksk, Inc. reported $62,976 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,012th of 3,295), and 8,075th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$9,721,835
Participants with balances132
Active participants121
Employer contributions—
Employee contributions$825,006
Employer contribution per active participant—
Average account balance$73,650
Benefits paid to participants$360,111
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SCHAEFER, HACKETT & CO.

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$17,166

Investment management$45,810

Total administrative$62,976

What these fees cost you

Your balance

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

HAMILTON CAPITAL LLC · Investment advisory (plan)$45,810

EMPOWER ANNUITY INSURANCE COMPANY O$17,166

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

Administrative cost history1

2024$62,976 · 0.69%

All plans at this employer2

MKSK, INC. 401(K) SAVINGS AND PROFIT SHARING PLAN401(k)

MKSK EMPLOYEE STOCK OWNERSHIP PLANESOP

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Source: U.S. Department of Labor, Form 5500 series, EIN 832731940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.