What are the fees in the Mpm Enterprises II LLC 401(k) plan?

For plan year 2022, Mpm Enterprises II LLC reported $737 in plan administrative expenses, or 0.40% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Mpm Enterprises II LLC 401(k)?

The average participant account balance was $10,827 for plan year 2022, based on 17 accounts.

Mpm Enterprises II LLC401(k)

Name: Mpm Enterprises II LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MPM ENTERPRISES INC 401K PROFIT SHARING PLAN AND TRUST · BROOKLYN, NY · plan year 2022

Reported admin expense ratio · 2022

0.40%

Mpm Enterprises II LLC reported $737 in plan administrative expenses for 2022: 0.40% of average plan assets, below 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (5,557th of 5,648), and 5,147th of 5,215 in retail trade.

Plan summary
Net assets, end of year$184,052
Participants with balances17
Active participants118
Employer contributions—
Employee contributions$34,787
Employer contribution per active participant—
Average account balance$10,827
Benefits paid to participants$10,038
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS, LLC

What these fees cost you

Your balance

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$737 · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263083338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.