Plan Ledger DOL Form 5500 · updated monthly

Merchants Building Maint. Co.401(k)

MERCHANTS RETIREMENT SAVINGS PLAN · MONTEREY PARK, CA · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Merchants Building Maint. Co. reported $4,328 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $127 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 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (6,903rd of 9,483), and 1,405th of 2,534 in administrative & support services. In 2022, employees put in $3.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,305,649
Participants with balances87
Active participants767
Employer contributions$97,764
Employee contributions$328,006
Employer contribution per active participant$127
Average account balance$60,984
Benefits paid to participants$1,366,430
Plan auditUnmodified (clean) audit opinion
AuditorROSE, SNYDER & JACOBS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,328
Total administrative$4,328
The Merchants Building Maint. Co. 401(k) match · 2022
Employer contribution per active participant$127
Median for plans this size$1,114

Merchants Building Maint. Co.'s 2022 employer contribution ran below the $1,114 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,328 · 0.07%
Same employer
Similar plansAdministrative & Support Services · California
Fn Tech CA$5.9M · 0.57%
Plate Iq CA$4.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952626183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.