Plan Ledger DOL Form 5500 · updated monthly

Mocean, LLC401(k)

MOCEAN RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Mocean, LLC reported $91,569 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,128 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 0.35% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,076th-largest of 9,483 plans among California employers on file, and the 878th of 2,199 in information & media. In 2024, employees put in $7.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,271,650
Participants with balances244
Active participants163
Employer contributions$183,879
Employee contributions$1,345,255
Employer contribution per active participant$1,128
Average account balance$103,572
Benefits paid to participants$1,911,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 244 accts · $184K emplr
2023$22.4M · 160 accts · $271K emplr
2022$18.9M · 268 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,569
Total administrative$91,569
The Mocean, LLC 401(k) match · 2024
Employer contribution per active participant$1,128
Median for plans this size$2,416
2024$1,128 per active participant
2023$1,587 per active participant
2022$540 per active participant

Mocean, LLC's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$91,569
ACCELERATE RETIREMENT · Investment advisory (plan)indirect comp
ACTUARIAL BENEFITS CORP · Other servicesindirect comp
MORNINGSTAR INVESTMENT MGMT · Investment advisory (participants)indirect comp

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$91,569 · 0.38%
2023$78,987 · 0.38%
2022$73,280 · 0.35%
Same employer
Similar plansInformation & Media · California
Altium, Inc. CA$26.0M · 0.45%
Medable, Inc. CA$25.8M · 0.40%
Firstup, Inc. CA$25.7M · 0.02%
Taulia LLC CA$25.5M · 0.04%
Floqast, Inc. CA$25.1M · 0.11%
Sigma Computing, Inc. CA$25.1M · 0.14%
Treasure Data, Inc. CA$24.8M · 0.33%
Velodyne Lidar USA, Inc. CA$24.7M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954785612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.