Plan Ledger DOL Form 5500 · updated monthly

Mobilehelp LLC401(k)

MOBILEHELP LLC 401(K) PLAN · BOCA RATON, FL · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Mobilehelp LLC reported $22,615 in plan administrative expenses for 2023: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,830 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 0.82% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,003rd of 3,644), and the 1,133rd of 2,534 in administrative & support services. In 2023, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,117,861
Participants with balances242
Active participants216
Employer contributions$395,325
Employee contributions$1,104,107
Employer contribution per active participant$1,830
Average account balance$33,545
Benefits paid to participants$661,320
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 235 accts · $262K emplr
2023$8.1M · 242 accts · $395K emplr
2022$6.3M · 84 accts · $310K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,510
Investment management$105
Total administrative$22,615
The Mobilehelp LLC 401(k) match · 2023
Employer contribution per active participant$1,830
Median for plans this size$1,308
2024$2,004 per active participant
2023$1,830 per active participant
2022$1,390 per active participant

Mobilehelp LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,510

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$30,882 · 0.39%
2023$22,615 · 0.31%
2022$51,156 · 0.82%
Similar plansAdministrative & Support Services · Florida
Jmgt, LLC FL$8.5M · 0.55%
Inktel Holdings, LLC FL$8.3M · 0.41%
Ameri-Force, Inc. FL$8.3M · 0.71%
Ce Broker, Inc. FL$8.1M · 0.00%
All Star Recruiting, Inc. FL$8.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113787480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.