Plan Ledger DOL Form 5500 · updated monthly

Mlcv 2020 Holdings, LLC401(k)

MLCV NON-GAMING 401(K) PLAN · ONAMIA, MN · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Mlcv 2020 Holdings, LLC reported $3,146 in plan administrative expenses for 2022: 0.30% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Minnesota (1,869th of 1,918), and 1,788th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$819,806
Participants with balances50
Active participants127
Employer contributions$0
Employee contributions$50,392
Employer contribution per active participant$0
Average account balance$16,396
Benefits paid to participants$370,795
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$820K · 50 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,984
Investment management$1,162
Total administrative$3,146
The Mlcv 2020 Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Mlcv 2020 Holdings, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$3,146 · 0.30%
Similar plansAccommodation & Food Services · Minnesota
Cossetta Inc. MN$1.3M · 0.47%
Mdf Holdings I LLC MN$1.3M · 0.33%
Aero Service Group, Inc. MN$1.2M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471460938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.