Plan Ledger DOL Form 5500 · updated monthly

Mainspring Energy, Inc.401(k)

MAINSPRING ENERGY, INC. 401K PLAN · MENLO PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

Mainspring Energy, Inc. reported $48,099 in plan administrative expenses for 2024: 0.25% of average plan assets, below 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.250%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,281st-largest of 9,483 plans among California employers on file, and the 5,418th of 13,661 in manufacturing. active participation has grown from 326 to 475 since 2022.

Plan summary
Net assets, end of year$23,041,262
Participants with balances340
Active participants475
Employer contributions—
Employee contributions$4,189,961
Employer contribution per active participant—
Average account balance$67,768
Benefits paid to participants$1,236,227
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 340 accts
2023$15.4M · 280 accts
2022$9.4M · 211 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,724
Investment management$45,375
Total administrative$48,099
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
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$45,374
ADP, INC. · Loan processing · Recordkeeping$2,723
ADP BROKER-DEALERindirect 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, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

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Administrative cost history3
2024$48,099 · 0.25%
2023$30,347 · 0.24%
2022$22,796 · 0.25%
Similar plansManufacturing · California
Mass Precision, Inc. CA$23.2M · 0.62%
The Upper Deck Company CA$22.9M · 0.38%
Rcp Block & Brick, Inc. CA$22.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272430529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.