Plan Ledger DOL Form 5500 · updated monthly

Ma Laboratories, Inc.401(k)

MA LABORATORIES, INC. 401K PLAN AND TRUST · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Ma Laboratories, Inc. reported $42,737 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $973 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 3 years on file its reported administrative ratio has held roughly steady near 0.146%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,600th-largest of 9,483 plans among California employers on file, and the 1,309th of 4,246 in wholesale trade. In 2024, employees put in $9.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,258,713
Participants with balances199
Active participants250
Employer contributions$243,321
Employee contributions$2,295,854
Employer contribution per active participant$973
Average account balance$157,079
Benefits paid to participants$2,971,775
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.3M · 199 accts · $243K emplr
2023$27.5M · 197 accts · $128K emplr
2022$23.1M · 210 accts · $269K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,660
Investment management$40,077
Total administrative$42,737
The Ma Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$973
Median for plans this size$2,416
2024$973 per active participant
2023$487 per active participant
2022$1,000 per active participant

Ma Laboratories, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$40,076
ADP, INC. · Loan processing · Recordkeeping$2,660
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$42,737 · 0.15%
2023$36,911 · 0.15%
2022$36,955 · 0.15%
Same employer
Similar plansWholesale Trade · California
Yubico, Inc. CA$32.1M
Adept Fasteners, Inc. CA$32.1M · 0.12%
H & N Group, Inc. CA$31.6M · 0.04%
Bisco Industries, Inc. CA$31.5M · 0.05%
Liberated Brands, LLC CA$30.6M · 0.51%
Noritsu America Corporation CA$30.3M · 0.14%
Birkenstock USA, LP CA$29.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930989650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.