Plan Ledger DOL Form 5500 · updated monthly

Mlp Ventures Group401(k)

MLP VENTURES GROUP 401(K) PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
1.37%

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

Mlp Ventures Group reported $121,756 in plan administrative expenses for 2024: 1.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,523 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 5 years on file its reported administrative ratio rose from 0.80% to 1.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (2,392nd of 3,651), and 1,177th of 2,096 in real estate & leasing. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has shrunk from 100 to 79 since 2019.

Plan summary
Net assets, end of year$9,019,824
Participants with balances90
Active participants79
Employer contributions$199,316
Employee contributions$487,350
Employer contribution per active participant$2,523
Average account balance$100,220
Benefits paid to participants$627,151
Plan auditUnmodified (clean) audit opinion
AuditorMALLIE LLP
Plan history4
Yearassets · accounts · employer contribution
2024$9.0M · 90 accts · $199K emplr
2023$8.8M · 126 accts · $384K emplr
2022$7.1M · 144 accts · $700K emplr
2019$6.8M · 64 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,221
Total administrative$121,756
The Mlp Ventures Group 401(k) match · 2024
Employer contribution per active participant$2,523
Median for plans this size$1,313
2024$2,523 per active participant
2023$3,049 per active participant
2022$717 per active participant
2019$1,129 per active participant

Mlp Ventures Group's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
PCS RETIREMENT, LLC · Contract administrator · Recordkeeping$20,849
MAILLIE LLP · Accounting / audit$51,686
MAIN LINE FINANCIAL ADVISORS, LLC · Investment management · Securities brokerage$44,610

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

Recordkeeper by year2
2024PCS Retirement
2023PROFESSIONAL CAPITAL SERVICES, LLC

This plan has changed recordkeepers within these filings. If you left Mlp Ventures Group before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024$121,756 · 1.37%
2023$104,618 · 1.32%
2022$71,512 · 0.97%
2019$50,228 · 0.80%
Similar plansReal Estate & Leasing · Pennsylvania
McKinney Properties, Inc. PA$11.6M · 0.26%
Dons Appliances LTD PA$9.1M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823609438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.