Plan Ledger DOL Form 5500 · updated monthly

Manna Development Group, LLC401(k)

MANNA DEVELOPMENT GROUP, LLC 401(K) PLAN · ENCINITAS, CA · plan year 2025

Reported admin expense ratio · 2025
0.52%

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

Manna Development Group, LLC reported $99,515 in plan administrative expenses for 2025: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $23 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 fell from 0.90% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 3,569th-largest of 9,483 plans among California employers on file, and the 298th of 2,240 in accommodation & food services. In 2025, employees put in $10.86 for every $1.00 the employer contributed; active participation has grown from 2,290 to 6,956 since 2022.

Plan summary
Net assets, end of year$20,512,646
Participants with balances711
Active participants6,956
Employer contributions$158,762
Employee contributions$1,723,862
Employer contribution per active participant$23
Average account balance$28,850
Benefits paid to participants$2,333,054
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$20.5M · 711 accts · $159K emplr
2024$18.0M · 685 accts · $756K emplr
2023$14.6M · 696 accts · $864K emplr
2022$10.5M · 603 accts · $659K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$69,965
Investment management$29,550
Total administrative$99,515
The Manna Development Group, LLC 401(k) match · 2025
Employer contribution per active participant$23
Median for plans this size$2,666
2025$23 per active participant
2024$109 per active participant
2023$377 per active participant
2022$288 per active participant

Manna Development Group, LLC's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,965
OCTAVIA WEALTH ADVISORS · Investment advisory (plan)$26,486

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

Administrative cost history4
2025$99,515 · 0.52%
2024$100,601 · 0.62%
2023$59,908 · 0.48%
2022$89,990 · 0.90%
Same employer
Similar plansAccommodation & Food Services · California
Kings Seafood Company, LLC CA$22.2M · 0.94%
Busch Group, LLC CA$21.8M · 0.29%
Blue Bottle Coffee, Inc. CA$20.6M · 0.44%
Ayres Group CA$19.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680559765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.