Plan Ledger DOL Form 5500 · updated monthly

MORTGAGE300 Corporation401(k)

MORTGAGE300 CORPORATION 401(K) PLAN · FENTON, MI · plan year 2022

Reported admin expense ratio · 2022
0.49%

MORTGAGE300 Corporation reported $9,703 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. 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 Michigan (2,355th of 2,619), and 4,655th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$2,064,443
Participants with balances52
Active participants102
Employer contributions—
Employee contributions$459,029
Employer contribution per active participant—
Average account balance$39,701
Benefits paid to participants$21,308
Plan auditUnmodified (clean) audit opinion
AuditorCARNAGHI & SCHWARK PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,703
Total administrative$9,703
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$9,703 · 0.49%
Similar plansFinance & Insurance · Michigan
Signal Advisors USA, Inc. MI$6.3M · 0.12%
Ross Mortgage Corporation MI$5.7M · 0.04%
Lighthouse Title, Inc. MI$4.6M · 0.66%
Retail Capital LLC MI$3.2M · 0.81%
E Mortgage Funding, LLC MI$1.9M · 0.10%
Wickfield Properties, LLC MI$822K · 1.21%
Loancraft, LLC MI$538K · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383434023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.