Plan Ledger DOL Form 5500 · updated monthly

Mission City Community Network, Inc.403(b)

MISSION CITY COMMUNITY NETWORK, INC. 403(B) PLAN · NORTH HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Mission City Community Network, Inc. reported $1,876 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,017 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 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,942nd of 9,483), and 7,804th of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 83 to 114 since 2022.

Plan summary
Net assets, end of year$5,179,134
Participants with balances144
Active participants114
Employer contributions$229,954
Employee contributions$442,235
Employer contribution per active participant$2,017
Average account balance$35,966
Benefits paid to participants$178,662
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 144 accts · $230K emplr
2023$4.1M · 135 accts · $166K emplr
2022$3.0M · 107 accts · $114K emplr
The Mission City Community Network, Inc. 401(k) match · 2024
Employer contribution per active participant$2,017
Median for plans this size$1,313
2024$2,017 per active participant
2023$1,405 per active participant
2022$1,370 per active participant

Mission City Community Network, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,416

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,876 · 0.04%
2023$1,138 · 0.03%
2022$961 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · California
Baker Places, Inc. CA$5.2M · 1.07%
Synovation Holdings, LLC CA$5.2M · 0.93%
St. Joseph Center CA$5.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954226189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.