Plan Ledger DOL Form 5500 · updated monthly

Mmm Holdings LLCProfit-sharing plan

MMM HOLDINGS LLC 1081.01 RETIREMENT PLAN AND TRUST · SAN JUAN, PR · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Mmm Holdings LLC reported $162,364 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,032 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 0.48% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 17th-largest of 323 plans among PR employers on file, and the 1,019th of 4,798 in finance & insurance. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 3,174 to 3,827 since 2022.

Plan summary
Net assets, end of year$97,642,799
Participants with balances4,929
Active participants3,827
Employer contributions$7,776,278
Employee contributions$10,573,011
Employer contribution per active participant$2,032
Average account balance$19,810
Benefits paid to participants$6,257,218
Plan auditUnmodified (clean) audit opinion
AuditorERNST YOUNG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$97.6M · 4,929 accts · $7.8M emplr
2023$74.1M · 3,628 accts · $3.4M emplr
2022$58.3M · 2,606 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,800
Investment management$2,255
Trustee / custodial$67,482
Total administrative$162,364
Employer contributions to the Mmm Holdings LLC plan · 2024
Employer contribution per active participant$2,032
Median for plans this size$3,635
2024$2,032 per active participant
2023$939 per active participant
2022$490 per active participant

Mmm Holdings LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ORIENTAL BANK & TRUST · Trustee (directed)$67,482
MORGAN STANLEY DOMESTIC HOLDINGS IN$28,637
NPPG RECORD KEEPING$14,190

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$162,364 · 0.19%
2023$133,232 · 0.20%
2022$298,960 · 0.48%
Similar plansFinance & Insurance · PR
Popular, Inc. PR$1.0B · 0.02%
Firstbank of Puerto Rico PR$192.7M · 0.08%
Oriental Bank PR$179.8M · 0.09%
Medical Card System, Inc. PR$77.6M · 0.04%
Mapfre Praico Corporation PR$70.3M · 0.06%
Triple-S Vida, Inc. PR$39.6M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660588600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.