Plan Ledger DOL Form 5500 · updated monthly

Mm Services II, LLC401(k)

DEFENDERS 401(K) PLAN · GRAND RAPIDS, MI · plan year 2022

Reported admin expense ratio · 2022
3.74%

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

Mm Services II, LLC reported $30,290 in plan administrative expenses for 2022: 3.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $553 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (2,513th of 2,619), and 3,111th of 3,341 in other services. In 2022, employees put in $4.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$803,391
Participants with balances71
Active participants119
Employer contributions$65,856
Employee contributions$268,094
Employer contribution per active participant$553
Average account balance$11,315
Benefits paid to participants$166,034
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD NICHOLS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,290
Total administrative$30,290
The Mm Services II, LLC 401(k) match · 2022
Employer contribution per active participant$553
Median for plans this size$331

Mm Services II, LLC's 2022 employer contribution ran above the $331 median for plans its size. 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$30,290 · 3.74%
Similar plansOther Services · Michigan
Salute Incorporated MI$844K · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812857779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.