Multi-Bank Services, LTD.401(k)
MULTI-BANK SERVICES, LTD. 401(K) PLAN · SOUTHFIELD, MI · plan year 2024
Multi-Bank Services, LTD. reported $18,266 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% 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 fell from 0.09% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 886th-largest of 2,619 plans among Michigan employers on file, and 2,704th of 4,798 in finance & insurance.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 382584711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.