Plan Ledger DOL Form 5500 · updated monthly

Moac Mall Holdings LLC401(k)

MALL OF AMERICA EMPLOYEE RETIREMENT SAVINGS PLAN · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Moac Mall Holdings LLC reported $171,893 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,067 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 0.39% to 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 415th-largest of 1,918 plans among Minnesota employers on file, and the 157th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,585,398
Participants with balances1,513
Active participants1,125
Employer contributions$2,325,920
Employee contributions$3,960,580
Employer contribution per active participant$2,067
Average account balance$41,365
Benefits paid to participants$4,990,315
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$62.6M · 1,513 accts · $2.3M emplr
2023$52.0M · 1,553 accts · $2.3M emplr
2022$42.4M · 1,587 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,091
Investment management$31,802
Total administrative$171,893
The Moac Mall Holdings LLC 401(k) match · 2024
Employer contribution per active participant$2,067
Median for plans this size$3,635
2024$2,067 per active participant
2023$2,025 per active participant
2022$1,964 per active participant

Moac Mall 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
MILLIMAN, INC. · Recordkeeping · Loan processing$134,271
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$31,802
CHARLES SCHWAB TRUST BANK · Trustee (directed) · Custodial (securities)$5,820
CHARLES SCHWAB & CO., INC. · Custodial (securities)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
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$171,893 · 0.30%
2023$168,154 · 0.36%
2022$170,274 · 0.39%
Same employer
Similar plansArts, Entertainment & Recreation · Minnesota
Life Time, Inc. MN$332.0M · 0.27%
Minnesota Twins, LLC MN$75.4M · 0.12%
Self Esteem Brands, LLC MN$39.8M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364309812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.