Plan Ledger DOL Form 5500 · updated monthly

Mendo Mill & Lumber Co.401(k)

MENDO MILL & LUMBER CO. PROFIT SHARING PLAN AND TRUST · UKIAH, CA · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Mendo Mill & Lumber Co. reported $74,653 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,372 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 1.08% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (5,821st of 9,483), and 2,890th of 5,215 in retail trade. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,713,140
Participants with balances226
Active participants174
Employer contributions$238,693
Employee contributions$358,346
Employer contribution per active participant$1,372
Average account balance$38,554
Benefits paid to participants$463,569
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 226 accts · $239K emplr
2023$7.8M · 191 accts · $194K emplr
2022$6.5M · 227 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,279
Audit (IQPA)$12,000
Trustee / custodial$4,374
Total administrative$74,653
The Mendo Mill & Lumber Co. 401(k) match · 2024
Employer contribution per active participant$1,372
Median for plans this size$1,313
2024$1,372 per active participant
2023$1,104 per active participant
2022$1,285 per active participant

Mendo Mill & Lumber Co.'s 2024 employer contribution ran above 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.

Service providers · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$24,337
PISENTI & BRINKER LLP · Accounting / audit$12,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,653 · 0.90%
2023$62,170 · 0.87%
2022$74,596 · 1.08%
Same employer
Similar plansRetail Trade · California
New Age Investments CA$8.8M · 0.08%
Morphe, LLC CA$8.7M · 0.81%
Pacific Best Inc. CA$8.7M · 0.45%
Valley Motors, Inc. CA$8.7M · 0.40%
Putnam Automotive, Inc. CA$8.6M · 0.14%
Keslow Camera, Inc. CA$8.5M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941577775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.