Plan Ledger DOL Form 5500 · updated monthly

Mfi Recovery Center401(k)

403(B) THRIFT PLAN OF MFI RECOVERY CENTER · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Mfi Recovery Center reported $4,231 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,174 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 0.03% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,375th of 9,483), and 6,922nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,888,346
Participants with balances366
Active participants360
Employer contributions$422,708
Employee contributions$418,310
Employer contribution per active participant$1,174
Average account balance$18,821
Benefits paid to participants$368,426
Plan auditUnmodified (clean) audit opinion
AuditorCHRISTENSON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 366 accts · $423K emplr
2023$5.9M · 381 accts · $378K emplr
2022$5.1M · 351 accts · $359K emplr
The Mfi Recovery Center 401(k) match · 2024
Employer contribution per active participant$1,174
Median for plans this size$1,313
2024$1,174 per active participant
2023$801 per active participant
2022$1,000 per active participant

Mfi Recovery Center's 2024 employer contribution ran below 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$6,191

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$4,231 · 0.07%
2023$4,838 · 0.09%
2022$1,300 · 0.03%
Similar plansHealth Care & Social Assistance · California
Channing House CA$7.0M · 0.90%
Predicine, Inc. CA$6.9M · 0.36%
O'Connor Woods CA$6.9M · 0.00%
Community Bridges CA$6.9M · 0.11%
Brightside Health, Inc. CA$6.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952833715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.