Plan Ledger DOL Form 5500 · updated monthly

Mhx, LLC401(k)

MHX, LLC 401(K) PLAN · CARSON, CA · plan year 2023

Reported admin expense ratio · 2023
0.90%

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

Mhx, LLC reported $38,540 in plan administrative expenses for 2023: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $307 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 1.07% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (7,220th of 9,483), and 1,725th of 2,677 in transportation & warehousing. In 2023, employees put in $7.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,420,861
Participants with balances150
Active participants196
Employer contributions$60,222
Employee contributions$430,614
Employer contribution per active participant$307
Average account balance$29,472
Benefits paid to participants$739,729
Plan auditUnmodified (clean) audit opinion
AuditorTALLEY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 150 accts · $54K emplr
2023$4.4M · 150 accts · $60K emplr
2022$4.1M · 133 accts · $51K emplr
Administrative expenses, itemized · 2023
Investment management$38,540
Total administrative$38,540
The Mhx, LLC 401(k) match · 2023
Employer contribution per active participant$307
Median for plans this size$1,308
2024$256 per active participant
2023$307 per active participant
2022$236 per active participant

Mhx, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INS CO USA · Recordkeeping · Investment management$19,396
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$14,145

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$37,731 · 0.86%
2023$38,540 · 0.90%
2022$45,915 · 1.07%
Same employer
Similar plansTransportation & Warehousing · California
Di Overnite, LLC CA$4.8M · 0.82%
Reeve Trucking Company CA$4.7M · 0.62%
Cofiroute USA, LLC CA$4.6M · 0.04%
Win IT America Inc CA$4.0M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814805195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.