Plan Ledger DOL Form 5500 · updated monthly

Mne, LLC401(k)

MNE, LLC 401(K) & PROFIT SHARING PLAN · CROFTON, MD · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Mne, LLC reported $625 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $527 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 accommodation & food services employers. By assets it is among the smaller plans on file in Maryland (1,606th of 1,671), and 1,767th of 2,240 in accommodation & food services. In 2022, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$869,741
Participants with balances28
Active participants106
Employer contributions$55,867
Employee contributions$90,754
Employer contribution per active participant$527
Average account balance$31,062
Benefits paid to participants$28,164
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$625
Total administrative$625
The Mne, LLC 401(k) match · 2022
Employer contribution per active participant$527
Median for plans this size$331

Mne, 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$625 · 0.07%
Similar plansAccommodation & Food Services · Maryland
Fager's Island LTD. MD$2.2M · 0.27%
Mount Vernon Mansion, LLC MD$1.2M · 0.28%
Glory Days, Inc. MD$1.1M · 0.06%
Blue Ridge Holdings, LLC MD$710K · 0.86%
Fork IT Hospitality, LLC MD$442K · 1.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471944307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.