Plan Ledger DOL Form 5500 · updated monthly

Mobile Communications America, Inc.401(k)

MOBILE COMMUNICATIONS AMERICA, INC. 401(K) PLAN · SPARTANBURG, SC · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Mobile Communications America, Inc. reported $156,055 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,061 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 0.46% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 85th-largest of 807 plans among South Carolina employers on file, and the 412th of 2,199 in information & media. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 991 to 1,390 since 2022.

Plan summary
Net assets, end of year$68,217,025
Participants with balances998
Active participants1,390
Employer contributions$2,864,437
Employee contributions$6,218,336
Employer contribution per active participant$2,061
Average account balance$68,354
Benefits paid to participants$6,949,130
Plan auditUnmodified (clean) audit opinion
AuditorROSS LANE & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$68.2M · 998 accts · $2.9M emplr
2023$55.7M · 912 accts · $2.4M emplr
2022$42.6M · 768 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,170
Investment management$90,885
Total administrative$156,055
The Mobile Communications America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,061
Median for plans this size$3,635
2024$2,061 per active participant
2023$1,873 per active participant
2022$1,846 per active participant

Mobile Communications America, Inc.'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 · 20242
HA & W WEALTH MANAGEMENT LLC · Investment advisory (plan)$90,885

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$156,055 · 0.25%
2023$168,594 · 0.34%
2022$202,890 · 0.46%
Same employer
Similar plansInformation & Media · South Carolina
Comporium, Inc. SC$223.5M · 0.05%
Afl Telecommunications, LLC SC$178.6M · 0.06%
Evening Post Group, LLC SC$8.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463325861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.