Plan Ledger DOL Form 5500 · updated monthly

Mortgage Lenders Investment Trading Corporation401(k)

MORTGAGE LENDERS INVESTMENT TRADING CORPORATION 401(K) PLAN · LAKE MARY, FL · plan year 2024

Reported admin expense ratio · 2024
1.08%

Mortgage Lenders Investment Trading Corporation reported $25,593 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% 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 2 years on file its reported administrative ratio fell from 1.50% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,956th of 3,644), and 4,614th of 4,798 in finance & insurance. active participation has grown from 172 to 310 since 2022.

Plan summary
Net assets, end of year$2,650,168
Participants with balances310
Active participants310
Employer contributions—
Employee contributions$516,291
Employer contribution per active participant—
Average account balance$8,549
Benefits paid to participants$272,043
Plan auditUnmodified (clean) audit opinion
AuditorGELLER RAGANS
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 310 accts
2023$2.1M · 193 accts
2022$1.7M · 174 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,593
Total administrative$25,593
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 · 20242
CERTIFIED BENEFITS CORP · Contract administrator · Recordkeeping$14,615
CERTIFIED ADVISORY CORP · Investment advisory (plan)$10,978

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CERTIFIED BENEFITS CORP
2023CERTIFIED BENEFITS CORP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,593 · 1.08%
2023$21,376 · 1.13%
2022$26,747 · 1.50%
Same employer
Similar plansFinance & Insurance · Florida
Advocate Health,Llc FL$3.1M · 0.21%
United Tranzactions, LLC FL$3.1M · 0.17%
Bill Edwards Group, LLC FL$2.8M · 0.12%
Marpai Inc FL$2.5M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260813134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.