Plan Ledger DOL Form 5500 · updated monthly

Move IT Management, LLC401(k)

MOVE IT MANAGEMENT 401(K) PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
2.14%

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

Move IT Management, LLC reported $23,613 in plan administrative expenses for 2022: 2.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $465 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 real estate & leasing employers. By assets it is among the smaller plans on file in Texas (5,231st of 5,688), and 1,956th of 2,096 in real estate & leasing. In 2022, employees put in $6.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,146,499
Participants with balances252
Active participants124
Employer contributions$57,661
Employee contributions$373,485
Employer contribution per active participant$465
Average account balance$4,550
Benefits paid to participants$54,848
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, STONE & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $22K emplr
2022$1.1M · 252 accts · $58K emplr
Administrative expenses, itemized · 2022
Professional / advisory$23,613
Total administrative$23,613
The Move IT Management, LLC 401(k) match · 2022
Employer contribution per active participant$465
Median for plans this size$1,114

Move IT Management, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$23,613 · 2.14%
Similar plansReal Estate & Leasing · Texas
The Signorelli Company TX$1.3M · 1.27%
Darwin Homes Inc. TX$1.2M · 0.27%
Krp LP TX$1.1M · 0.74%
Jab Rentals, Inc. TX$861K · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800863644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.