Plan Ledger DOL Form 5500 · updated monthly

MSE2, Inc. dba Mader Southeast401(k)

MADER 401(K) RETIREMENT PLAN · ORLANDO, FL · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

MSE2, Inc. dba Mader Southeast reported $3,816 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $876 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 construction employers. By assets it is among the smaller plans on file in Florida (3,167th of 3,644), and 4,899th of 5,337 in construction. In 2022, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,767,364
Participants with balances40
Active participants80
Employer contributions$70,042
Employee contributions$239,406
Employer contribution per active participant$876
Average account balance$44,184
Benefits paid to participants$241,362
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,816
Total administrative$3,816
The MSE2, Inc. dba Mader Southeast 401(k) match · 2022
Employer contribution per active participant$876
Median for plans this size$1,114

MSE2, Inc. dba Mader Southeast's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,816 · 0.20%
Similar plansConstruction · Florida
Csci, LLC 401(K) Plan FL$1.9M · 1.06%
Q.G.S. Development, Inc. FL$1.6M · 1.71%
Arqai, LLC FL$1.6M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364734127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.