Plan Ledger DOL Form 5500 · updated monthly

Mullen & Filippi, LLP401(k)

MULLEN & FILIPPI 401(K) PROFIT SHARING PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Mullen & Filippi, LLP reported $52,751 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,583 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 3 years on file its reported administrative ratio has held roughly steady near 0.272%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,567th-largest of 9,483 plans among California employers on file, and the 5,460th of 11,654 in professional & technical services. In 2024, employees put in $5.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,522,842
Participants with balances222
Active participants126
Employer contributions$199,506
Employee contributions$1,073,026
Employer contribution per active participant$1,583
Average account balance$92,445
Benefits paid to participants$2,208,022
Plan auditUnmodified (clean) audit opinion
AuditorGILBERT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 222 accts · $200K emplr
2023$18.3M · 220 accts · $9K emplr
2022$18.4M · 225 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,725
Investment management$39,026
Total administrative$52,751
The Mullen & Filippi, LLP 401(k) match · 2024
Employer contribution per active participant$1,583
Median for plans this size$2,416
2024$1,583 per active participant
2023$74 per active participant
2022$1,984 per active participant

Mullen & Filippi, LLP'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
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Loan processing$14,968
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$37,783

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$52,751 · 0.27%
2023$57,327 · 0.31%
2022$59,029 · 0.27%
Same employer
Similar plansProfessional & Technical Services · California
Shifamed, LLC CA$20.7M · 0.24%
Moebius Solutions, Inc. CA$20.4M · 0.43%
Science 37, Inc. CA$20.4M · 0.57%
Redis Labs Inc. CA$20.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941125789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.