Plan Ledger DOL Form 5500 · updated monthly

Mobileone, LLC401(k)

MOBILEONE, LLC 401(K) PLAN · LA JOLLA, CA · plan year 2024

Reported admin expense ratio · 2024
1.24%

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

Mobileone, LLC reported $53,616 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% 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 fell from 2.76% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (7,089th of 9,483), and 3,840th of 5,215 in retail trade.

Plan summary
Net assets, end of year$4,720,831
Participants with balances788
Active participants691
Employer contributions$0
Employee contributions$1,279,224
Employer contribution per active participant$0
Average account balance$5,991
Benefits paid to participants$1,032,487
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE LOFGREN MORRIS&ENGELBERG
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 788 accts
2023$4.0M · 885 accts
2022$2.8M · 887 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,815
Investment management$11,928
Total administrative$53,616
The Mobileone, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Mobileone, LLC's 2024 employer contribution ran below the $1,313 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 · 20245
ADP, INC. · Loan processing · Recordkeeping$11,400
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$11,419
ERISA SMART$3,262
EMPOWER ADVISORY GROUP, LLC · Investment management$509

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$53,616 · 1.24%
2023$78,713 · 2.33%
2022$67,696 · 2.76%
Same employer
Similar plansRetail Trade · California
Vallarta Supermarkets CA$4.8M · 1.45%
Etekcity Corporation CA$4.8M · 0.32%
Metro Motors, Inc. CA$4.8M · 0.60%
Bulletproof 360, Inc. CA$4.8M · 0.39%
Nimble Rx, Inc. CA$4.7M · 0.11%
The Bouqs Company CA$4.7M · 1.18%
Sports Basement CA$4.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263504256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.