Plan Ledger DOL Form 5500 · updated monthly

Mindstrong, Inc.401(k)

MINDSTRONG, INC. 401(K) PLAN · MENLO PARK, CA · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Mindstrong, Inc. reported $2,698 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,640th of 9,483), and 8,948th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,427,353
Participants with balances149
Active participants130
Employer contributions$0
Employee contributions$1,040,395
Employer contribution per active participant$0
Average account balance$23,002
Benefits paid to participants$263,751
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$3.4M · 149 accts
Administrative expenses, itemized · 2022
Investment management$2,698
Total administrative$2,698
The Mindstrong, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Mindstrong, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$2,698 · 0.08%
Similar plansHealth Care & Social Assistance · California
North County Lifeline CA$3.5M · 0.05%
Tlc Child Family Services CA$3.4M · 0.06%
Castro Valley Health Inc CA$3.4M · 1.36%
Telehealth Services USA CA$3.4M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814781291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.