Plan Ledger DOL Form 5500 · updated monthly

Mindbody, Inc.401(k)

MINDBODY, INC. 401-K PROFIT SHARING PLAN · SAN LUIS OBISPO, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Mindbody, Inc. reported $234,238 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $5,104 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 0.26% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 853rd-largest of 9,483 plans among California employers on file, and the 1,256th of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$122,845,199
Participants with balances1,926
Active participants1,000
Employer contributions$5,104,279
Employee contributions$10,132,678
Employer contribution per active participant$5,104
Average account balance$63,783
Benefits paid to participants$11,896,935
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$122.8M · 1,926 accts · $5.1M emplr
2023$102.5M · 2,024 accts · $4.8M emplr
2022$80.5M · 2,133 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,756
Investment management$99,482
Total administrative$234,238
The Mindbody, Inc. 401(k) match · 2024
Employer contribution per active participant$5,104
Median for plans this size$3,635
2024$5,104 per active participant
2023$4,577 per active participant
2022$4,660 per active participant

Mindbody, Inc.'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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$193,230
CREATIVE PLANNING HOLDCO LLC · Investment management$30,900
LOCKTON INVESTMENT ADVISORS · Investment management$10,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$234,238 · 0.21%
2023$226,015 · 0.25%
2022$208,288 · 0.26%
Same employer
Similar plansProfessional & Technical Services · California
Penske Media Corporation CA$126.2M · 0.28%
Anaplan, Inc. CA$124.7M · 0.16%
Anduril Industries Inc CA$123.9M · 0.03%
Degenkolb Engineers CA$123.1M · 0.11%
Nossaman LLP CA$120.0M · 0.09%
Keker, van Nest & Peters LLP CA$118.5M · 0.24%
Rubin Postaer and Associates CA$118.0M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201898451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.