Plan Ledger DOL Form 5500 · updated monthly

Msi Computer Corp401(k)

MSI COMPUTER CORP 401(K) PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Msi Computer Corp reported $27,280 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,478 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 0.26% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 4,728th-largest of 9,483 plans among California employers on file, and 2,552nd of 4,246 in wholesale trade. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has grown from 155 to 202 since 2022.

Plan summary
Net assets, end of year$13,120,926
Participants with balances213
Active participants202
Employer contributions$500,456
Employee contributions$1,504,614
Employer contribution per active participant$2,478
Average account balance$61,601
Benefits paid to participants$809,645
Plan auditUnmodified (clean) audit opinion
AuditorTHONG YU WONG & LEE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 213 accts · $500K emplr
2023$10.5M · 180 accts · $357K emplr
2022$8.1M · 171 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,280
Total administrative$27,280
The Msi Computer Corp 401(k) match · 2024
Employer contribution per active participant$2,478
Median for plans this size$2,416
2024$2,478 per active participant
2023$2,191 per active participant
2022$2,019 per active participant

Msi Computer Corp's 2024 employer contribution ran above 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$27,280

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$27,280 · 0.23%
2023$23,306 · 0.25%
2022$21,216 · 0.26%
Same employer
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Good Source Solutions, Inc. CA$13.0M · 0.77%
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Source: U.S. Department of Labor, Form 5500 series, EIN 943296785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.