Plan Ledger DOL Form 5500 · updated monthly

Mra - the Management Association, Inc.401(k)

MRA - THE MANAGEMENT ASSOCIATION, INC. 401K PLAN · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Mra - the Management Association, Inc. reported $106,774 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,786 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 0.39% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 697th-largest of 1,936 plans among Wisconsin employers on file, and the 814th of 3,341 in other services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,744,906
Participants with balances276
Active participants205
Employer contributions$776,075
Employee contributions$1,547,617
Employer contribution per active participant$3,786
Average account balance$96,902
Benefits paid to participants$3,351,382
Plan auditUnmodified (clean) audit opinion
AuditorWEGNER CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 276 accts · $776K emplr
2023$24.4M · 331 accts · $763K emplr
2022$20.9M · 316 accts · $805K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,309
Investment management$53,465
Total administrative$106,774
The Mra - the Management Association, Inc. 401(k) match · 2024
Employer contribution per active participant$3,786
Median for plans this size$2,416
2024$3,786 per active participant
2023$3,305 per active participant
2022$3,779 per active participant

Mra - the Management Association, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
FRANCIS LLC · Investment advisory (participants) · Investment advisory (plan)$53,465
EMPOWER ANNUITY INSURANCE COMPANY · Trustee (directed) · Loan processing$47,516
BLUE CHIP RETIREMENT SERVICES$8,145

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$106,774 · 0.42%
2023$96,254 · 0.42%
2022$89,676 · 0.39%
Same employer
Similar plansOther Services · Wisconsin
Ablelight Inc. WI$30.0M · 0.81%
Delta Defense, LLC WI$28.5M · 0.34%
State Bar of Wisconsin WI$22.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391096303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.