Plan Ledger DOL Form 5500 · updated monthly

Fresno M, LLC401(k)

FRESNO M, LLC 401(K) PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
1.48%

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

Fresno M, LLC reported $44,144 in plan administrative expenses for 2024: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $569 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 1 year on file its reported administrative ratio fell from 2.31% to 1.48%. 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 California (7,762nd of 9,483), and 4,297th of 5,215 in retail trade. In 2024, employees put in $6.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,173,270
Participants with balances159
Active participants82
Employer contributions$46,642
Employee contributions$282,680
Employer contribution per active participant$569
Average account balance$19,958
Benefits paid to participants$300,596
Plan auditUnmodified (clean) audit opinion
AuditorHUDSON & COMPANY, INC.
Plan history2
Yearassets · accounts · employer contribution
2024$3.2M · 159 accts · $47K emplr
2023$2.8M · 137 accts · $51K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,195
Investment management$8,949
Total administrative$44,144
The Fresno M, LLC 401(k) match · 2024
Employer contribution per active participant$569
Median for plans this size$1,313
2024$569 per active participant
2023$732 per active participant

Fresno M, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20244
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$19,029
HICKS PENSION SERVICES · Recordkeeping · Loan processing$1,126
MERRILL LYNCH LIFE AGENCY · Investment advisory (plan)$8,949
HUDSON HENDERSON & COMPANY INC. · Accounting / auditindirect comp

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

Recordkeeper by year2
2024HICKS PENSION SERVICES, Transamerica
2023HICKS PENSION SERVICES, Transamerica

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Administrative cost history2
2024$44,144 · 1.48%
2023$60,277 · 2.31%
Similar plansRetail Trade · California
Curated, Inc. CA$3.1M · 0.13%
Tapcart CA$3.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384235861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.