Plan Ledger DOL Form 5500 · updated monthly

Mission Imports, a California Corporation401(k)

MISSION IMPORTS 401(K) PLAN · LAGUNA NIGUEL, CA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Mission Imports, a California Corporation reported $2,064 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $507 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 0.02% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (4,763rd of 9,483), and the 2,138th of 5,215 in retail trade. In 2023, employees put in $7.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,990,067
Participants with balances183
Active participants225
Employer contributions$114,184
Employee contributions$846,967
Employer contribution per active participant$507
Average account balance$70,984
Benefits paid to participants$1,162,646
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 137 accts · $82K emplr
2023$13.0M · 183 accts · $114K emplr
2022$10.8M · 173 accts · $99K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,064
Total administrative$2,064
The Mission Imports, a California Corporation 401(k) match · 2023
Employer contribution per active participant$507
Median for plans this size$2,440
2024$20,461 per active participant
2023$507 per active participant
2022$431 per active participant

Mission Imports, a California Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,064

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$62,795 · 0.60%
2023$2,064 · 0.02%
2022$2,025 · 0.02%
Same employer
Similar plansRetail Trade · California
Grove Collaborative, Inc. CA$13.1M · 0.56%
Pete's Road Service, Inc. CA$13.0M · 0.11%
Signal Products, Inc. CA$12.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952840430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.