Plan Ledger DOL Form 5500 · updated monthly

Michelman & Robinson, LLP401(k)

MICHELMAN & ROBINSON, LLP 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Michelman & Robinson, LLP reported $4,913 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,107 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,173rd-largest of 9,483 plans among California employers on file, and the 4,858th of 11,654 in professional & technical services. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 113 to 126 since 2022.

Plan summary
Net assets, end of year$24,273,657
Participants with balances170
Active participants126
Employer contributions$769,500
Employee contributions$1,440,105
Employer contribution per active participant$6,107
Average account balance$142,786
Benefits paid to participants$1,024,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 170 accts · $770K emplr
2023$20.4M · 169 accts · $790K emplr
2022$16.4M · 166 accts · $756K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,913
Total administrative$4,913
The Michelman & Robinson, LLP 401(k) match · 2024
Employer contribution per active participant$6,107
Median for plans this size$2,416
2024$6,107 per active participant
2023$5,640 per active participant
2022$6,689 per active participant

Michelman & Robinson, LLP's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$4,913
MATRIX TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$4,913 · 0.02%
2023$4,278 · 0.02%
2022$5,919 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Talkdesk Inc. CA$24.4M · 0.16%
Reputation.com, Inc CA$24.3M · 0.01%
Forsta Worldwide, Inc. CA$24.2M · 0.48%
Freshworks Inc. CA$24.2M · 0.22%
New Directions Technologies CA$24.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954745761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.