Plan Ledger DOL Form 5500 · updated monthly

The Molpus Company401(k)

THE MOLPUS COMPANY 401(K) PROFIT SHARING PLAN · PHILADELPHIA, MS · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

The Molpus Company reported $27,803 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,801 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 0.00% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 68th-largest of 367 plans among Mississippi employers on file, and the 393rd of 2,096 in real estate & leasing. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,198,894
Participants with balances111
Active participants110
Employer contributions$638,150
Employee contributions$1,203,194
Employer contribution per active participant$5,801
Average account balance$317,107
Benefits paid to participants$1,063,735
Plan auditUnmodified (clean) audit opinion
AuditorNAIL MCKINNEY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$35.2M · 111 accts · $638K emplr
2023$29.8M · 100 accts · $734K emplr
2022$26.6M · 107 accts · $793K emplr
Administrative expenses, itemized · 2024
Investment management$27,803
Total administrative$27,803
The The Molpus Company 401(k) match · 2024
Employer contribution per active participant$5,801
Median for plans this size$2,416
2024$5,801 per active participant
2023$6,386 per active participant
2022$6,776 per active participant

The Molpus Company'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$27,203
T. E. LOTT AND COMPANY, P.A. · Contract administrator$450

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$27,803 · 0.09%
2023$2,523 · 0.01%
2022$756 · 0.00%
Same employer
Similar plansReal Estate & Leasing · Mississippi
Ogden Cap Properties, LLC NY$35.8M · 0.22%
Kelly & Picerne, Inc. RI$35.5M · 0.00%
Nts Development Company KY$35.4M · 0.01%
William C. Smith & Co. DC$35.4M · 0.51%
Shorewest Realtors, Inc. WI$35.2M · 0.01%
The John Akridge Company DC$35.1M · 0.46%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 640344609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.