Plan Ledger DOL Form 5500 · updated monthly

Mobile Management, LLC401(k)

MOBILE MANAGEMENT, LLC 401(K) PLAN & TRUST · HUNTINGTON, NY · plan year 2024

Reported admin expense ratio · 2024
1.16%

Mobile Management, LLC reported $190,566 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~90% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 1.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,678th-largest of 5,648 plans among New York employers on file, and the 1,620th of 5,215 in retail trade.

Plan summary
Net assets, end of year$18,008,440
Participants with balances887
Active participants438
Employer contributions—
Employee contributions$2,636,207
Employer contribution per active participant—
Average account balance$20,303
Benefits paid to participants$1,379,777
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 887 accts
2023$14.9M · 836 accts
2022$11.6M · 796 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,881
Investment management$83,685
Total administrative$190,566
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 · 20243
ADP, INC. · Loan processing · Recordkeeping$106,881
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$83,685
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$190,566 · 1.16%
2023$162,494 · 1.22%
2022$140,032 · 1.21%
Similar plansRetail Trade · New York
Orveon Global US LLC NY$18.4M · 0.34%
1STDIBS.COM, Inc. NY$18.2M · 0.11%
Rag & Bone Industries, LLC NY$18.1M · 0.39%
Capsule Corp NY$18.0M · 0.37%
The Wine Enthusiast, Inc. NY$18.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030446689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.