Plan Ledger DOL Form 5500 · updated monthly

Mission Bio, Inc.401(k)

MISSION BIO, INC. RETIREMENT TRUST · SOUTH SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Mission Bio, Inc. reported $23,070 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $8 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 rose from 0.20% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,004th of 9,483), and 9,669th of 13,661 in manufacturing. In 2024, employees put in $3007.54 for every $1.00 the employer contributed; active participation has shrunk from 119 to 58 since 2022.

Plan summary
Net assets, end of year$8,024,370
Participants with balances100
Active participants58
Employer contributions$462
Employee contributions$1,389,485
Employer contribution per active participant$8
Average account balance$80,244
Benefits paid to participants$1,818,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 100 accts · $462 emplr
2023$6.5M · 119 accts
2022$4.5M · 122 accts
Administrative expenses, itemized · 2024
Investment management$23,070
Total administrative$23,070
The Mission Bio, Inc. 401(k) match · 2024
Employer contribution per active participant$8
Median for plans this size$1,313

Mission Bio, Inc.'s 2024 employer contribution ran below the $1,313 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
VITA PLANNING GROUP LLC · Investment advisory (plan)$18,175
EMPOWER ADVISORY GROUP, LLC · Investment management$4,895

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$23,070 · 0.32%
2023$15,359 · 0.28%
2022$8,052 · 0.20%
Similar plansManufacturing · California
Astrophysics, Inc. CA$8.1M · 0.06%
Sage Millimeter Inc CA$8.0M · 0.00%
Olipop CA$8.0M · 0.14%
Solecta, Inc. CA$7.9M · 0.62%
Vero Foods, LLC CA$7.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462503741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.