Plan Ledger DOL Form 5500 · updated monthly

Mercado Latino, Inc.401(k)

MERCADO LATINO, INC. 401(K) PENSION PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

Mercado Latino, Inc. reported $6,664 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. 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 rose from 0.45% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (8,704th of 9,483), and 4,130th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$1,215,433
Participants with balances108
Active participants135
Employer contributions—
Employee contributions$69,175
Employer contribution per active participant—
Average account balance$11,254
Benefits paid to participants$22,319
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 108 accts
2023$1.0M · 109 accts
2022$978K · 115 accts · $23K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,664
Total administrative$6,664
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,664
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$6,664 · 0.59%
2023$8,977 · 0.89%
2022$4,925 · 0.45%
Same employer
Similar plansWholesale Trade · California
Fort Point Beer Company CA$1.3M · 1.63%
Bendpak Inc CA$1.2M · 0.08%
Marugame Udon USA LLC CA$1.2M · 0.84%
Meritronics, Inc. CA$1.1M · 0.94%
U.S Jaclean Inc CA$1.1M · 0.48%
Sprintray CA$1.1M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953756903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.