Plan Ledger DOL Form 5500 · updated monthly

Mortgage Information Services, I401(k)

MORTGAGE INFORMATION SERVICES 401(K) PROFIT SHARING PLAN · CLEVELAND, OH · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Mortgage Information Services, I reported $21,504 in plan administrative expenses for 2022: 0.48% of average plan assets, below the peer median. Employer contributions averaged $649 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (2,696th of 3,295), and 4,523rd of 4,798 in finance & insurance. In 2022, employees put in $5.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,985,620
Participants with balances89
Active participants64
Employer contributions$41,536
Employee contributions$244,697
Employer contribution per active participant$649
Average account balance$44,782
Benefits paid to participants$489,918
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
The Mortgage Information Services, I 401(k) match · 2022
Employer contribution per active participant$649
Median for plans this size$1,114

Mortgage Information Services, I's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$21,504 · 0.48%
Similar plansFinance & Insurance · Ohio
Bmc Growth Fund II, LLC OH$5.5M · 0.81%
Bmc Growth Fund, LLC OH$4.1M · 0.80%
1ST National Bank OH$3.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341641398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.