Plan Ledger DOL Form 5500 · updated monthly

Msg Global Solutions, Inc.401(k)

MSG GLOBAL SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Msg Global Solutions, Inc. reported $71,481 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,615 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 0.43% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,199th-largest of 2,419 plans among New Jersey employers on file, and 6,361st of 11,654 in professional & technical services. In 2024, employees put in $3.85 for every $1.00 the employer contributed; active participation has shrunk from 91 to 68 since 2022.

Plan summary
Net assets, end of year$15,920,577
Participants with balances115
Active participants68
Employer contributions$313,829
Employee contributions$1,208,957
Employer contribution per active participant$4,615
Average account balance$138,440
Benefits paid to participants$2,206,918
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 115 accts · $314K emplr
2023$14.7M · 125 accts · $389K emplr
2022$12.4M · 130 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,481
Total administrative$71,481
The Msg Global Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$4,615
Median for plans this size$2,416
2024$4,615 per active participant
2023$4,524 per active participant
2022$3,672 per active participant

Msg Global Solutions, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$71,680
COMMONWEALTH TPA SOLUTIONS, LLC · Contract administrator · Other services$1,760
OSAIC WEALTH, INC. · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$71,481 · 0.47%
2023$61,179 · 0.45%
2022$56,086 · 0.43%
Similar plansProfessional & Technical Services · New Jersey
Itc Infotech USA, Inc. NJ$16.7M · 0.05%
What If Media Group, LLC NJ$15.7M · 0.67%
Edmunds Govtech, Inc NJ$15.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522265555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.