Plan Ledger DOL Form 5500 · updated monthly

Monte Sano Research Corporation401(k)

MONTE SANO RESEARCH CORPORATION 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Monte Sano Research Corporation reported $48,108 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $18,813 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 0.16% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 205th-largest of 902 plans among Alabama employers on file, and the 3,621st of 11,654 in professional & technical services. In 2024, the employer put in $1.72 for every $1.00 employees contributed themselves; active participation has grown from 106 to 136 since 2022.

Plan summary
Net assets, end of year$35,673,011
Participants with balances157
Active participants136
Employer contributions$2,558,585
Employee contributions$1,489,831
Employer contribution per active participant$18,813
Average account balance$227,217
Benefits paid to participants$1,755,024
Plan auditUnmodified (clean) audit opinion
AuditorWHITTLESEY
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 157 accts · $2.6M emplr
2023$29.3M · 141 accts · $2.2M emplr
2022$22.5M · 122 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Investment management$45,373
Total administrative$48,108
The Monte Sano Research Corporation 401(k) match · 2024
Employer contribution per active participant$18,813
Median for plans this size$2,416
2024$18,813 per active participant
2023$18,628 per active participant
2022$19,185 per active participant

Monte Sano Research Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
CMC ADVISORS, INC. · Investment advisory (plan)$45,373

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$48,108 · 0.15%
2023$39,774 · 0.15%
2022$36,425 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Alabama
Nou Systems, Inc. AL$36.3M · 0.30%
Bmss, LLC AL$36.0M · 0.23%
Ttl, Inc. AL$34.6M · 0.16%
A-P-T Research, Inc AL$33.1M · 0.20%
Therapy Brands Thrive, LLC AL$31.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270649002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.