Plan Ledger DOL Form 5500 · updated monthly

Morris Multimedia, Inc.401(k)

MORRIS MULTIMEDIA, INC. PROFIT SHARING PLAN · SAVANNAH, GA · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Morris Multimedia, Inc. reported $91,062 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. Employer contributions averaged $1,073 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 0.28% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 613th-largest of 2,160 plans among Georgia employers on file, and the 702nd of 2,199 in information & media. In 2023, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,706,189
Participants with balances1,327
Active participants517
Employer contributions$554,764
Employee contributions$1,353,369
Employer contribution per active participant$1,073
Average account balance$26,154
Benefits paid to participants$2,915,058
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 869 accts · $555K emplr
2023$34.7M · 1,327 accts · $555K emplr
2022$30.7M · 1,301 accts · $658K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$91,062
Total administrative$91,062
The Morris Multimedia, Inc. 401(k) match · 2023
Employer contribution per active participant$1,073
Median for plans this size$2,440
2024$1,139 per active participant
2023$1,073 per active participant
2022$1,236 per active participant

Morris Multimedia, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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$124,609 · 0.38%
2023$91,062 · 0.28%
2022$95,146 · 0.28%
Same employer
Similar plansInformation & Media · Georgia
Smi Management, LLC GA$42.6M · 0.28%
Bakkt, LLC GA$40.4M · 0.21%
Calendly, LLC GA$39.3M · 0.27%
Fullstory, Inc. GA$36.8M · 0.02%
Onetrust LLC GA$34.2M · 0.06%
Usan, Inc. GA$28.4M · 0.30%
Sbs Services Corporation GA$27.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581093589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.