Plan Ledger DOL Form 5500 · updated monthly

Mission Graduates401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF MISSION GRADUATES · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Mission Graduates reported $2,401 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,286 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 0.08% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,503rd of 9,483), and 2,513th of 3,341 in other services. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has grown from 122 to 215 since 2022.

Plan summary
Net assets, end of year$3,736,736
Participants with balances288
Active participants215
Employer contributions$276,523
Employee contributions$330,466
Employer contribution per active participant$1,286
Average account balance$12,975
Benefits paid to participants$119,867
Plan auditDisclaimer of opinion
AuditorATHERTON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 288 accts · $277K emplr
2023$2.7M · 230 accts · $306K emplr
2022$1.9M · 179 accts · $292K emplr
The Mission Graduates 401(k) match · 2024
Employer contribution per active participant$1,286
Median for plans this size$1,313
2024$1,286 per active participant
2023$1,604 per active participant
2022$2,391 per active participant

Mission Graduates's 2024 employer contribution ran below 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$3,633

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$2,401 · 0.07%
2023$822 · 0.04%
2022$1,463 · 0.08%
Same employer
Similar plansOther Services · California
Sourcewise CA$3.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237172909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.