Plan Ledger DOL Form 5500 · updated monthly

Modern Treasury Corp.401(k)

MODERN TREASURY 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Modern Treasury Corp. reported $8,102 in plan administrative expenses for 2024: 0.10% of average plan assets, lower 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 has held roughly steady near 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (5,651st of 9,483), and the 1,042nd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$9,363,429
Participants with balances221
Active participants176
Employer contributions$0
Employee contributions$2,645,729
Employer contribution per active participant$0
Average account balance$42,368
Benefits paid to participants$1,074,593
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.4M · 221 accts
2023$6.3M · 186 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,727
Investment management$6,375
Total administrative$8,102
The Modern Treasury Corp. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Modern Treasury Corp.'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 · 20242
GUIDELINE, INC. · Plan administrator · Recordkeeping$7,432
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Guideline
2023Guideline

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$8,102 · 0.10%
2023$5,089 · 0.11%
Same employer
Similar plansAdministrative & Support Services · California
Pridestaff, Inc. CA$9.6M · 0.13%
Vxi Global Solutions, LLC CA$9.4M · 5.77%
Searchpros Staffing LLC CA$9.4M · 0.70%
Billfloat, Inc. CA$9.0M · 0.45%
Mid Valley Disposal, Inc. CA$8.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830557911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.