Plan Ledger DOL Form 5500 · updated monthly

Method Products, Pbc401(k)

PEOPLE AGAINST DIRTY 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Method Products, Pbc reported $86,414 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $6,174 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 rose from 0.12% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,627th-largest of 9,483 plans among California employers on file, and the 2,922nd of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 363 to 446 since 2022.

Plan summary
Net assets, end of year$55,485,752
Participants with balances589
Active participants446
Employer contributions$2,753,803
Employee contributions$4,039,490
Employer contribution per active participant$6,174
Average account balance$94,203
Benefits paid to participants$4,271,921
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.5M · 589 accts · $2.8M emplr
2023$45.4M · 577 accts · $2.0M emplr
2022$35.7M · 519 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,364
Total administrative$86,414
The Method Products, Pbc 401(k) match · 2024
Employer contribution per active participant$6,174
Median for plans this size$3,635
2024$6,174 per active participant
2023$5,055 per active participant
2022$6,140 per active participant

Method Products, Pbc's 2024 employer contribution ran above the $3,635 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 · 20244
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$50

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$86,414 · 0.17%
2023$58,203 · 0.14%
2022$45,734 · 0.12%
Same employer
Similar plansManufacturing · California
Doorking, Inc. CA$56.3M · 0.14%
Kp LLC CA$55.6M · 0.20%
Musco Olive Products, Inc. CA$55.5M · 0.21%
Impossible Foods, Inc. CA$55.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943369550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.