Plan Ledger DOL Form 5500 · updated monthly

Maverick Bankcard Inc401(k)

MAVERICK BANKCARD INC 401(K) PLAN · CALABASAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Maverick Bankcard Inc reported $1,704 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,108 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (8,564th of 9,483), and 4,691st of 4,798 in finance & insurance. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,450,585
Participants with balances132
Active participants148
Employer contributions$163,956
Employee contributions$253,123
Employer contribution per active participant$1,108
Average account balance$10,989
Benefits paid to participants$29,027
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72
Investment management$1,632
Total administrative$1,704
The Maverick Bankcard Inc 401(k) match · 2024
Employer contribution per active participant$1,108
Median for plans this size$1,313

Maverick Bankcard Inc's 2024 employer contribution ran below the $1,313 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.

Administrative cost history1
2024$1,704 · 0.12%
Same employer
Similar plansFinance & Insurance · California
The Aligned Company CA$1.5M · 0.25%
Universal Card, Inc CA$1.4M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 320358047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.