Plan Ledger DOL Form 5500 · updated monthly

Mobile Integration Workgroup, Inc.401(k)

MOBILE INTEGRATION WORKGROUP, INC. 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Mobile Integration Workgroup, Inc. reported $22,608 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $1,741 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 0.09% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,378th of 1,714), and 9,956th of 11,654 in professional & technical services. In 2024, employees put in $5.14 for every $1.00 the employer contributed; active participation has shrunk from 97 to 62 since 2022.

Plan summary
Net assets, end of year$4,572,161
Participants with balances77
Active participants62
Employer contributions$107,939
Employee contributions$554,321
Employer contribution per active participant$1,741
Average account balance$59,379
Benefits paid to participants$645,684
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, RAYMOND & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 77 accts · $108K emplr
2023$4.0M · 107 accts · $115K emplr
2022$2.9M · 133 accts · $80K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,608
Total administrative$22,608
The Mobile Integration Workgroup, Inc. 401(k) match · 2024
Employer contribution per active participant$1,741
Median for plans this size$1,313
2024$1,741 per active participant
2023$1,367 per active participant
2022$822 per active participant

Mobile Integration Workgroup, Inc.'s 2024 employer contribution ran above the $1,313 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
DEFINITI, LLC · Contract administrator$4,856
CAPITAL GROUP RETIREMENT PLAN SERVI$3,680

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$22,608 · 0.53%
2023$18,791 · 0.54%
2022$2,675 · 0.09%
Similar plansProfessional & Technical Services · Washington
AG Consulting Partners WA$5.3M · 0.50%
Levelten Energy WA$5.0M · 0.11%
Power Mobile Life LLC WA$4.7M · 0.51%
Weinstein & Riley, P.S. WA$4.5M · 0.00%
Probi USA, Inc. WA$4.4M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200960923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.