Plan Ledger DOL Form 5500 · updated monthly

Mmgl Holdco LLC401(k)

MMGL 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Mmgl Holdco LLC reported $31,267 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,160 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 fell from 0.14% to 0.11%. 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 the 521st-largest of 1,714 plans among Washington employers on file, and the 450th of 2,096 in real estate & leasing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,506,243
Participants with balances167
Active participants81
Employer contributions$498,967
Employee contributions$897,619
Employer contribution per active participant$6,160
Average account balance$182,672
Benefits paid to participants$2,716,737
Plan auditUnmodified (clean) audit opinion
AuditorCHRIS T. BENNETT
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 167 accts · $499K emplr
2023$27.5M · 161 accts · $486K emplr
2022$23.4M · 170 accts · $470K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,267
Total administrative$31,267
The Mmgl Holdco LLC 401(k) match · 2024
Employer contribution per active participant$6,160
Median for plans this size$2,416
2024$6,160 per active participant
2023$6,569 per active participant
2022$6,101 per active participant

Mmgl Holdco LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,312

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$31,267 · 0.11%
2023$30,805 · 0.12%
2022$35,310 · 0.14%
Similar plansReal Estate & Leasing · Washington
Star Industries, Inc. WA$42.7M · 0.01%
Kidder Mathews Inc. WA$35.9M · 0.43%
Sabey Corporation WA$24.9M · 0.24%
Clise Agency, Inc. WA$20.5M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 813435397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.