Plan Ledger DOL Form 5500 · updated monthly

Mylocker, LLC401(k)

MYLOCKER, LLC. 401(K) PLAN · DETROIT, MI · plan year 2022

Reported admin expense ratio · 2022
1.34%

Mylocker, LLC reported $530 in plan administrative expenses for 2022: 1.34% of average plan assets, above the peer median. 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 manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,615th of 2,619), and 13,637th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$39,528
Participants with balances17
Active participants403
Employer contributions—
Employee contributions$42,106
Employer contribution per active participant—
Average account balance$2,325
Benefits paid to participants$2,115
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
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$530 · 1.34%
Same employer
Similar plansManufacturing · Michigan
Journeyman Distillery LLC MI$478K · 0.02%
Pearson Foods Corporation MI$451K · 0.19%
Bazco Enterprises, Inc. MI$434K · 0.14%
Ktm Industries Inc MI$334K · 0.94%
Fortis Industries, Inc. AL$42K · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208104151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.