Mega International, LLC401(k)
MEGA INTERNATIONAL, LLC 401(K) PLAN · BEVERLY HILLS, CA · plan year 2020
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Mega International, LLC reported $118,808 in plan administrative expenses for 2020: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.86% to 0.90%. The plan sits in the $10M–$50M size bracket, benchmarked here against 106 comparable plans and shown alongside other management of companies employers. By assets it is the 3,976th-largest of 9,483 plans among California employers on file, and 462nd of 786 in management of companies.
Mega International, LLC's 2020 employer contribution ran below the $1,627 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 811823104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.