Plan Ledger DOL Form 5500 · updated monthly

Mineral, Inc.401(k)

MINERAL, INC. 401(K) PLAN · PLEASANTON, CA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Mineral, Inc. reported $1,956 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,550 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 1 year on file its reported administrative ratio fell from 0.012% to 0.012%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,695th-largest of 9,483 plans among California employers on file, and the 5,637th of 11,654 in professional & technical services. In 2023, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,564,802
Participants with balances317
Active participants285
Employer contributions$1,296,725
Employee contributions$2,733,521
Employer contribution per active participant$4,550
Average account balance$61,719
Benefits paid to participants$1,632,835
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $360K emplr
2023$19.6M · 317 accts · $1.3M emplr
2022$13.9M · 310 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,956
Total administrative$1,956
The Mineral, Inc. 401(k) match · 2023
Employer contribution per active participant$4,550
Median for plans this size$2,440
2023$4,550 per active participant
2022$3,935 per active participant

Mineral, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,956
LPL FINANCIAL LLCindirect comp

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

Administrative cost history3
2024Not separately reported
2023$1,956 · 0.01%
2022$1,694 · 0.01%
Similar plansProfessional & Technical Services · California
B S K Associates CA$19.8M · 0.08%
Mirantis, Inc. CA$19.7M · 0.05%
Bay Area Legal Aid CA$19.5M · 0.01%
Blue Matter Consulting CA$19.4M · 0.13%
Employers Resource CA$19.3M · 1.12%
Gafcon, Inc. CA$19.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030404198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.