Plan Ledger DOL Form 5500 · updated monthly

Mlg Services Corp401(k)

MLG/VALIANT 401(K) PLAN · BROOKFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Mlg Services Corp reported $155,100 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $760 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 1.08% to 1.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Wisconsin (1,035th of 1,936), and the 841st of 2,096 in real estate & leasing. In 2024, employees put in $3.09 for every $1.00 the employer contributed; active participation has grown from 650 to 873 since 2022.

Plan summary
Net assets, end of year$15,178,212
Participants with balances437
Active participants873
Employer contributions$663,719
Employee contributions$2,049,541
Employer contribution per active participant$760
Average account balance$34,733
Benefits paid to participants$858,687
Plan auditUnmodified (clean) audit opinion
AuditorSVA CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 437 accts · $664K emplr
2023$11.3M · 365 accts · $636K emplr
2022$8.2M · 281 accts · $419K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,684
Investment management$52,635
Total administrative$155,100
The Mlg Services Corp 401(k) match · 2024
Employer contribution per active participant$760
Median for plans this size$2,416
2024$760 per active participant
2023$752 per active participant
2022$645 per active participant

Mlg Services Corp's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
OPEROSE ADVISORES LLC · Investment advisory (plan)$47,380
BLUE CHIP RETIREMENT PLANS, INC. · Contract administrator$13,933
EMPOWER ADVISORY GROUP, LLC · Investment management$5,621

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$155,100 · 1.17%
2023$105,170 · 1.08%
2022$88,726 · 1.08%
Same employer
Similar plansReal Estate & Leasing · Wisconsin
Catalyst Exhibits, Inc. WI$23.3M · 0.37%
Mandel Group, Inc. WI$18.3M · 0.27%
Oakbrook Corporation WI$13.7M · 0.01%
Conger Industries, Inc. WI$13.1M · 0.48%
Meridian Group Inc WI$12.9M · 0.49%
Capri Communities LLC WI$9.1M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271281116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.