Plan Ledger DOL Form 5500 · updated monthly

Mp Associates, Inc.401(k)

MP ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN · IONE, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Mp Associates, Inc. reported $75 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,709 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 0.09% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,129th-largest of 9,483 plans among California employers on file, and the 6,667th of 13,661 in manufacturing. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 148 to 192 since 2022.

Plan summary
Net assets, end of year$16,557,153
Participants with balances219
Active participants192
Employer contributions$328,085
Employee contributions$500,706
Employer contribution per active participant$1,709
Average account balance$75,603
Benefits paid to participants$1,247,803
Plan auditUnmodified (clean) audit opinion
AuditorPATRICK KENDRICK GIBSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 219 accts · $328K emplr
2023$14.4M · 213 accts · $300K emplr
2022$11.7M · 180 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75
Total administrative$75
The Mp Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$1,709
Median for plans this size$2,416
2024$1,709 per active participant
2023$1,595 per active participant
2022$1,475 per active participant

Mp Associates, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
NATIONWIDE · Recordkeepingindirect comp
NEWPORT GROUP, INC. · Contract administratorindirect 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
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$75 · 0.00%
2023$6,260 · 0.05%
2022$11,762 · 0.09%
Same employer
Similar plansManufacturing · California
D-Link Systems, Inc CA$16.7M · 0.24%
Kagome Inc. CA$16.4M · 0.76%
C. Mondavi & Family CA$16.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942768772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.