Plan Ledger DOL Form 5500 · updated monthly

Mms Holdings Inc401(k)

MMS HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST · CANTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Mms Holdings Inc reported $34,011 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,668 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 rose from 0.11% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,318th of 2,619), and 6,919th of 11,654 in professional & technical services. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,655,508
Participants with balances91
Active participants145
Employer contributions$676,902
Employee contributions$1,548,551
Employer contribution per active participant$4,668
Average account balance$150,061
Benefits paid to participants$1,509,454
Plan auditUnmodified (clean) audit opinion
AuditorHARDING, SHYMANSKI & COMPANY, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 91 accts · $677K emplr
2023$9.0M · 174 accts · $656K emplr
2022$7.5M · 145 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,541
Investment management$13,470
Total administrative$34,011
The Mms Holdings Inc 401(k) match · 2024
Employer contribution per active participant$4,668
Median for plans this size$2,416
2024$4,668 per active participant
2023$4,181 per active participant
2022$1,926 per active participant

Mms Holdings Inc'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 · 20244
PAYCHEX SECURITIES CORPORATION · Recordkeeping$18,734
MMA SECURITIES LLC · Investment advisory (plan)$13,470
J SMITH LANIER A MARSH MCLENNAN AGE · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024Paychex
2023Paychex

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Administrative cost history3
2024$34,011 · 0.30%
2023$34,096 · 0.41%
2022$8,260 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Michigan
Jacobsen/Daniels Associates MI$13.9M · 0.07%
Orlans P.C. MI$13.7M · 0.59%
Automated Media, Inc. MI$13.4M · 0.41%
Continental Management, LLC MI$13.1M · 0.85%
Munro & Associates, Inc. MI$13.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203236367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.