Plan Ledger DOL Form 5500 · updated monthly

Msc Services, LLC401(k)

MSC SERVICES 401(K) PLAN · COLORADO SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Msc Services, LLC reported $117,971 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $71 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 0.67% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 472nd-largest of 1,461 plans among Colorado employers on file, and 419th of 786 in management of companies. In 2024, employees put in $51.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,526,737
Participants with balances820
Active participants443
Employer contributions$31,605
Employee contributions$1,617,248
Employer contribution per active participant$71
Average account balance$27,472
Benefits paid to participants$3,121,784
Plan auditUnmodified (clean) audit opinion
AuditorATLAS CPAS & ADVISORS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 820 accts · $32K emplr
2023$21.4M · 748 accts · $88 emplr
2022$19.6M · 771 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,764
Investment management$4,207
Total administrative$117,971
The Msc Services, LLC 401(k) match · 2024
Employer contribution per active participant$71
Median for plans this size$2,416
2024$71 per active participant
2023$0 per active participant
2022$2,522 per active participant

Msc Services, LLC'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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$113,764
NORTHWESTERN MUTUAL INVESTMENT · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$117,971 · 0.54%
2023$120,434 · 0.59%
2022$134,834 · 0.67%
Same employer
Similar plansManagement of Companies · Colorado
The Anschutz Corporation CO$99.5M · 0.09%
National Bank Holdings Corp CO$76.7M · 0.37%
Summit Automotive Partners CO$37.7M · 0.52%
Cordillera Corporation CO$14.0M · 0.03%
Bushwood Holdings, Inc. CO$10.9M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 320511467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.