Plan Ledger DOL Form 5500 · updated monthly

Mm Finance, LLC401(k)

MM FINANCE, LLC 401(K) PLAN · BELLEVUE, NE · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Mm Finance, LLC reported $3,760 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $549 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 finance & insurance employers. By assets it is among the smaller plans on file in Nebraska (531st of 565), and 4,688th of 4,798 in finance & insurance. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,518,942
Participants with balances35
Active participants76
Employer contributions$41,723
Employee contributions$101,980
Employer contribution per active participant$549
Average account balance$43,398
Benefits paid to participants$249,391
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$3,760
Total administrative$3,760
The Mm Finance, LLC 401(k) match · 2022
Employer contribution per active participant$549
Median for plans this size$1,114

Mm Finance, 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 history1
2022$3,760 · 0.22%
Similar plansFinance & Insurance · Nebraska
Heritage Bank NE$7.1M · 0.05%
Midwest Holding LLC NE$6.8M · 0.07%
Acretrader, Inc. AR$1.5M · 0.17%
A&D Mortgage LLC FL$1.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680548767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.