Plan Ledger DOL Form 5500 · updated monthly

Mta Investments, Inc.401(k)

MONTROSE AUTO GROUP 401(K) RETIREMENT SAVINGS PLAN · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
1.24%

Mta Investments, Inc. reported $119,200 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. 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 1.12% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (1,962nd of 3,295), and the 2,565th of 5,215 in retail trade. active participation has shrunk from 415 to 306 since 2022.

Plan summary
Net assets, end of year$10,368,700
Participants with balances348
Active participants306
Employer contributions—
Employee contributions$1,088,282
Employer contribution per active participant—
Average account balance$29,795
Benefits paid to participants$631,813
Plan auditUnmodified (clean) audit opinion
AuditorPEASE BELL CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 348 accts
2023$8.9M · 332 accts
2022$7.5M · 339 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,200
Total administrative$119,200
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
SYMPHONY FINANCIAL SERVICES INC · Investment advisory (plan)$85,127
FARMERS TRUST COMPAMY DBA NATIONAL · Contract administrator$20,451

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$119,200 · 1.24%
2023$94,164 · 1.15%
2022$86,997 · 1.12%
Same employer
Similar plansRetail Trade · Ohio
Morris Furniture Co., Inc. OH$11.2M · 0.44%
Bob Boyd Auto Family OH$10.9M · 0.58%
Beck Suppliers, Inc. OH$10.7M · 0.67%
Icp, Inc. OH$10.6M · 0.59%
Hissong Group, Inc. OH$10.3M · 0.36%
Metro Toyota OH$9.9M · 0.43%
Pure Romance, LLC OH$9.9M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592738546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.