Plan Ledger DOL Form 5500 · updated monthly

Mountain Plus Services, Inc.401(k)

MOUNTAIN 401(K) PLAN · PRESTONSBURG, KY · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Mountain Plus Services, Inc. reported $91,992 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,080 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 fell from 0.94% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 260th-largest of 871 plans among Kentucky employers on file, and the 3,308th of 11,911 in health care & social assistance. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,458,823
Participants with balances1,786
Active participants1,565
Employer contributions$1,690,518
Employee contributions$2,418,831
Employer contribution per active participant$1,080
Average account balance$13,135
Benefits paid to participants$1,641,031
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 1,786 accts · $1.7M emplr
2023$18.3M · 1,643 accts · $1.6M emplr
2022$13.3M · 1,584 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,002
Trustee / custodial$39,990
Total administrative$91,992
The Mountain Plus Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,080
Median for plans this size$2,416
2024$1,080 per active participant
2023$1,073 per active participant
2022$1,087 per active participant

Mountain Plus Services, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
COMMUNITY TRUST AND INVESTMENT CO. · Recordkeeping · Custodial (securities)$92,205

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

Recordkeeper by year2
2024COMMUNITY TRUST AND INVESTMENT CO.
2023COMMUNITY TRUST AND INVESTMENT CO.

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

Administrative cost history3
2024$91,992 · 0.44%
2023$160,229 · 1.02%
2022$104,829 · 0.94%
Similar plansHealth Care & Social Assistance · Kentucky
Pathways, Inc. KY$28.7M · 0.30%
Harrison Memorial Hospital KY$26.4M · 0.27%
Health Help, Inc. KY$24.0M · 0.49%
Kentucky Blood Center KY$20.9M · 0.24%
Home of the Innocents, Inc. KY$20.4M · 0.21%
Ohio County Hospital KY$19.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453942708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.