Plan Ledger DOL Form 5500 · updated monthly

Mshn Enterprises, LLC401(k)

MSHN ENTERPRISES, LLC 401(K) PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
1.70%

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

Mshn Enterprises, LLC reported $10,527 in plan administrative expenses for 2022: 1.70% of average plan assets, higher than ~75% of peers. Employer contributions averaged $445 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,436th of 1,496), and 11,203rd of 11,911 in health care & social assistance. In 2022, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$659,803
Participants with balances45
Active participants207
Employer contributions$92,189
Employee contributions$145,725
Employer contribution per active participant$445
Average account balance$14,662
Benefits paid to participants$34,847
Plan auditUnmodified (clean) audit opinion
AuditorCULVER, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,357
Investment management$8,080
Professional / advisory$90
Total administrative$10,527
The Mshn Enterprises, LLC 401(k) match · 2022
Employer contribution per active participant$445
Median for plans this size$331

Mshn Enterprises, LLC's 2022 employer contribution ran above the $331 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$10,527 · 1.70%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Prospect Inc. TN$767K · 1.69%
Case Management, Inc. TN$532K · 0.58%
Php of Fern Park, LLC TN$430K · 1.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 813918019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.