Plan Ledger DOL Form 5500 · updated monthly

Movement for Life, Inc.401(k)

MOVEMENT FOR LIFE 401(K) PROFIT SHARING PLAN · SAN LUIS OBISPO, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Movement for Life, Inc. reported $23,088 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,031 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 0.20% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 4,364th-largest of 9,483 plans among California employers on file, and the 755th of 2,534 in administrative & support services. In 2024, employees put in $2.89 for every $1.00 the employer contributed; active participation has grown from 159 to 194 since 2022.

Plan summary
Net assets, end of year$15,183,053
Participants with balances310
Active participants194
Employer contributions$200,000
Employee contributions$577,948
Employer contribution per active participant$1,031
Average account balance$48,978
Benefits paid to participants$440,206
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 310 accts · $200K emplr
2023$12.8M · 280 accts · $75K emplr
2022$11.1M · 248 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$222
Investment management$22,541
Total administrative$23,088
The Movement for Life, Inc. 401(k) match · 2024
Employer contribution per active participant$1,031
Median for plans this size$2,416
2024$1,031 per active participant
2023$414 per active participant

Movement for Life, Inc.'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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$222
WRIGHT WEALTH STRATEGIES, LLC · Investment advisory (participants)$41,848

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$23,088 · 0.16%
2023$19,391 · 0.16%
2022$26,460 · 0.20%
All plans at this employer2
MOVEMENT FOR LIFE EMPLOYEE STOCK OWNERSHIP PLANESOP
MOVEMENT FOR LIFE 401(K) PROFIT SHARING PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 472488383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.