Plan Ledger DOL Form 5500 · updated monthly

Monkey Inferno, Inc.401(k)

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

Reported admin expense ratio · 2024
0.28%

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

Monkey Inferno, Inc. reported $23,274 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,437 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 1 year on file its reported administrative ratio fell from 0.33% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,735th of 9,483), and 8,329th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,990,504
Participants with balances139
Active participants219
Employer contributions$314,673
Employee contributions$571,596
Employer contribution per active participant$1,437
Average account balance$64,680
Benefits paid to participants$330,066
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT & TAX SOLUTIONS, CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 139 accts · $315K emplr
2023$7.4M · 143 accts · $314K emplr
2022$5.6M · 183 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,274
Total administrative$23,274
The Monkey Inferno, Inc. 401(k) match · 2024
Employer contribution per active participant$1,437
Median for plans this size$1,313
2024$1,437 per active participant
2023$1,369 per active participant
2022$1,369 per active participant

Monkey Inferno, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20243
NATIONWIDE · Securities brokerage$22,561
JP MORGAN SECURITIES · Investment advisory (plan)$20,842
HICKS PENSION SERVICES · Contract administrator · Plan administrator$1,814

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$23,274 · 0.28%
2023$21,665 · 0.33%
2022Not separately reported
Similar plansProfessional & Technical Services · California
Ixsystems, Inc. CA$9.0M · 0.64%
Observe, Inc. CA$9.0M · 0.03%
Recode Therapeutics, Inc. CA$9.0M · 0.24%
Onboardiq, Inc CA$9.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800607466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.