Plan Ledger DOL Form 5500 · updated monthly

The Mom Project Inc401(k)

THE MOM PROJECT 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

The Mom Project Inc reported $9,885 in plan administrative expenses for 2023: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,734 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 0.11% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Illinois (2,682nd of 3,702), and 1,693rd of 2,199 in information & media. In 2023, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 224 to 96 since 2022.

Plan summary
Net assets, end of year$7,376,538
Participants with balances293
Active participants96
Employer contributions$646,485
Employee contributions$1,622,254
Employer contribution per active participant$6,734
Average account balance$25,176
Benefits paid to participants$1,420,478
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 223 accts · $128K emplr
2023$7.4M · 293 accts · $646K emplr
2022$5.4M · 353 accts · $713K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,964
Investment management$4,921
Total administrative$9,885
The The Mom Project Inc 401(k) match · 2023
Employer contribution per active participant$6,734
Median for plans this size$1,308
2024$3,560 per active participant
2023$6,734 per active participant
2022$3,182 per active participant

The Mom Project Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
GUIDELINE, INC. · Plan administrator · Recordkeeping$9,885

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Guideline
2023Guideline

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,730 · 0.20%
2023$9,885 · 0.15%
2022$4,794 · 0.11%
Same employer
Similar plansInformation & Media · Illinois
Access One Inc. IL$8.9M · 0.54%
I3 Broadband, LLC IL$8.3M · 0.18%
Telnyx, LLC IL$7.7M · 0.48%
Mtco Corporation IL$7.3M · 0.64%
Smokeball, Inc. IL$7.0M · 0.32%
Tbi, Inc. IL$7.0M · 0.75%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 811053458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.