Plan Ledger DOL Form 5500 · updated monthly

Mitchell International Inc401(k)

MITCHELL INTERNATIONAL, INC. 401K SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Mitchell International Inc reported $913,026 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,129 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 0.13% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other information & media employers. By assets it is the 195th-largest of 9,483 plans among California employers on file, and the 80th of 2,199 in information & media. In 2024, employees put in $3.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$658,178,474
Participants with balances6,150
Active participants5,250
Employer contributions$11,178,928
Employee contributions$38,954,262
Employer contribution per active participant$2,129
Average account balance$107,021
Benefits paid to participants$87,971,728
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$658.2M · 6,150 accts · $11.2M emplr
2023$623.4M · 6,703 accts · $11.0M emplr
2022$551.1M · 6,658 accts · $10.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$247,573
Investment management$389,817
Audit (IQPA)$18,060
Total administrative$913,026
The Mitchell International Inc 401(k) match · 2024
Employer contribution per active participant$2,129
Median for plans this size$4,294
2024$2,129 per active participant
2023$1,969 per active participant
2022$1,772 per active participant

Mitchell International Inc's 2024 employer contribution ran below the $4,294 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 · 20244
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$383,306
JGD & ASSOCIATES LLP · Accounting / audit$18,060
SAGEVIEW ADVISORY GROUP, LLC · Investment management$6,511

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$913,026 · 0.14%
2023$680,348 · 0.12%
2022$756,235 · 0.13%
Same employer
Similar plansInformation & Media · California
Dolby Laboratories, Inc. CA$703.4M · 0.01%
Riot Games CA$676.2M · 0.06%
Pixar CA$634.2M · 0.02%
Twilio Inc. CA$628.4M · 0.06%
Informatica LLC CA$613.7M · 0.04%
The McClatchy Company, LLC CA$601.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943355101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.