Plan Ledger DOL Form 5500 · updated monthly

Mannkind Corporation401(k)

MANNKIND CORPORATION 401(K) PLAN · WEST VILLAGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Mannkind Corporation reported $157,502 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $5,031 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 fell from 0.26% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,280th-largest of 9,483 plans among California employers on file, and the 1,975th of 11,654 in professional & technical services. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 395 to 504 since 2022.

Plan summary
Net assets, end of year$73,294,348
Participants with balances633
Active participants504
Employer contributions$2,535,716
Employee contributions$5,314,970
Employer contribution per active participant$5,031
Average account balance$115,789
Benefits paid to participants$9,863,605
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$73.3M · 633 accts · $2.5M emplr
2023$63.8M · 621 accts · $2.2M emplr
2022$55.0M · 618 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,395
Investment management$103,107
Total administrative$157,502
The Mannkind Corporation 401(k) match · 2024
Employer contribution per active participant$5,031
Median for plans this size$3,635
2024$5,031 per active participant
2023$5,394 per active participant
2022$4,671 per active participant

Mannkind Corporation's 2024 employer contribution ran above the $3,635 median for plans its size. 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 RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$42,395
UBS FINANCIAL SERVICES, INC. · Consulting · Investment advisory (plan)$103,107
HOLTHOUSE CARLIN & VAN TRIGHT, LLP · Accounting / audit$12,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$157,502 · 0.23%
2023$121,305 · 0.20%
2022$151,757 · 0.26%
Same employer
Similar plansProfessional & Technical Services · California
The Sphere Institute CA$74.9M · 0.12%
Travere Therapeutics, Inc. CA$73.5M · 0.03%
Maxlinear, Inc. CA$73.5M · 0.10%
Prophet Brand Strategy CA$72.9M · 0.22%
Symphonyai, LLC CA$72.5M · 0.58%
Seti Institute CA$72.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133607736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.