Plan Ledger DOL Form 5500 · updated monthly

Motive Energy, Inc401(k)

MOTIVE ENERGY, INC. 401(K) PS PLAN · ANAHEIM, CA · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Motive Energy, Inc reported $140,687 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,676 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 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,485th-largest of 9,483 plans among California employers on file, and the 1,240th of 4,246 in wholesale trade. In 2023, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,212,887
Participants with balances1,303
Active participants845
Employer contributions$1,416,126
Employee contributions$4,690,118
Employer contribution per active participant$1,676
Average account balance$25,490
Benefits paid to participants$2,481,010
Plan auditUnmodified (clean) audit opinion
AuditorBEACH FREEMAN LIM AND CLELAND, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$33.2M · 1,303 accts · $1.4M emplr
2022$24.7M · 1,100 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$102,793
Investment management$37,894
Total administrative$140,687
The Motive Energy, Inc 401(k) match · 2023
Employer contribution per active participant$1,676
Median for plans this size$2,440
2023$1,676 per active participant
2022$1,603 per active participant

Motive Energy, Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$102,793
MIRACLE MILE ADVISORS · Investment advisory (plan)$37,894

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

Administrative cost history2
2023$140,687 · 0.49%
2022$114,642 · 0.47%
Similar plansWholesale Trade · California
Mission Produce, Inc. CA$33.8M · 0.29%
Pentland USA, Inc. CA$33.5M · 0.29%
Mad Engine Global, LLC CA$33.3M · 0.36%
Faire Wholesale, Inc. CA$32.7M · 0.48%
A.L. Gilbert Company CA$32.3M · 0.00%
Yubico, Inc. CA$32.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 954025490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.