Plan Ledger DOL Form 5500 · updated monthly

Milestone Technologies, Inc401(k)

MILESTONE TECHNOLOGIES, INC 401(K) PROFIT SHARING PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Milestone Technologies, Inc reported $108,039 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $336 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 0.40% to 0.18%. 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 1,447th-largest of 9,483 plans among California employers on file, and the 2,646th of 13,661 in manufacturing. In 2024, employees put in $11.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,827,198
Participants with balances1,682
Active participants1,900
Employer contributions$638,349
Employee contributions$7,604,121
Employer contribution per active participant$336
Average account balance$37,947
Benefits paid to participants$8,934,598
Plan auditUnmodified (clean) audit opinion
AuditorBHLF LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.8M · 1,682 accts · $638K emplr
2023$55.5M · 1,715 accts · $765K emplr
2022$43.6M · 1,800 accts · $620K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,956
Investment management$52,083
Total administrative$108,039
The Milestone Technologies, Inc 401(k) match · 2024
Employer contribution per active participant$336
Median for plans this size$3,635
2024$336 per active participant
2023$452 per active participant
2022$322 per active participant

Milestone Technologies, Inc's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,956
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$38,333
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$13,750

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$108,039 · 0.18%
2023$161,296 · 0.33%
2022$135,191 · 0.40%
Same employer
Similar plansManufacturing · California
Mattson Technology, Inc. CA$64.3M · 0.15%
World Oil Corp CA$64.3M · 0.12%
Cadence Aerospace CA$64.2M · 0.03%
John Paul Mitchell Systems CA$62.7M · 0.18%
Spin Master, Inc. CA$62.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943263696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.