Plan Ledger DOL Form 5500 · updated monthly

Mission Valley Wings LLC401(k)

MISSION VALLEY WINGS LLC 401(K) PROFIT SHARING PLAN & TRUST · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
2.83%

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

Mission Valley Wings LLC reported $2,583 in plan administrative expenses for 2024: 2.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 2.27% to 2.83%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (9,346th of 9,483), and 2,136th of 2,240 in accommodation & food services. active participation has shrunk from 50 to 45 since 2022.

Plan summary
Net assets, end of year$103,775
Participants with balances207
Active participants45
Employer contributions$0
Employee contributions$23,760
Employer contribution per active participant$0
Average account balance$501
Benefits paid to participants$1,168
Plan auditUnmodified (clean) audit opinion
AuditorMATRANGA & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$104K · 207 accts
2023$79K · 188 accts
2022$56K · 169 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,095
Investment management$628
Trustee / custodial$860
Total administrative$2,583
The Mission Valley Wings LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Mission Valley Wings LLC's 2024 employer contribution ran below the $540 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.

Administrative cost history3
2024$2,583 · 2.83%
2023$2,212 · 3.29%
2022$1,119 · 2.27%
Similar plansAccommodation & Food Services · California
Wings Over Long Beach LLC CA$117K · 3.15%
Dhse Inc CA$113K · 3.03%
Ccm Creations Inc CA$106K · 0.12%
Cs Hotel LLC CA$97K · 3.20%
Sc Campbell LP CA$93K · 25.17%
Johnson Haller Inc CA$86K · 0.47%
Hopmonk LLC CA$84K · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330762401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.