Plan Ledger DOL Form 5500 · updated monthly

Mosaic Group, LLC401(k)

MOSAIC GROUP, LLC 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Mosaic Group, LLC reported $40,262 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $911 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 0.70% to 1.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,573rd of 2,005), and 8,598th of 11,911 in health care & social assistance. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 258 to 382 since 2022.

Plan summary
Net assets, end of year$3,931,767
Participants with balances192
Active participants382
Employer contributions$347,931
Employee contributions$676,197
Employer contribution per active participant$911
Average account balance$20,478
Benefits paid to participants$352,930
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 192 accts · $348K emplr
2023$2.8M · 207 accts · $260K emplr
2022$1.8M · 165 accts · $179K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,225
Investment management$15,037
Total administrative$40,262
The Mosaic Group, LLC 401(k) match · 2024
Employer contribution per active participant$911
Median for plans this size$1,313
2024$911 per active participant
2023$840 per active participant
2022$692 per active participant

Mosaic Group, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$25,225
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$15,037

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$40,262 · 1.20%
2023$21,423 · 0.94%
2022$11,504 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Covenant Village, Inc. NC$3.9M · 0.43%
Cooperriis, Inc NC$3.8M · 0.89%
Kidzcare Pediatrics, PC NC$3.8M · 0.18%
Gha Autism Supports NC$3.6M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811918765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.