Plan Ledger DOL Form 5500 · updated monthly

Multi Media, LLC401(k)

MULTI MEDIA 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Multi Media, LLC reported $75,653 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $3,649 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 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,766th-largest of 9,483 plans among California employers on file, and the 1,054th of 2,199 in information & media. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 190 to 347 since 2022.

Plan summary
Net assets, end of year$19,004,719
Participants with balances313
Active participants347
Employer contributions$1,266,178
Employee contributions$2,002,166
Employer contribution per active participant$3,649
Average account balance$60,718
Benefits paid to participants$597,239
Plan auditUnmodified (clean) audit opinion
AuditorVERIDIAN CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 313 accts · $1.3M emplr
2023$14.2M · 259 accts · $1.2M emplr
2022$7.2M · 166 accts · $636K emplr
Administrative expenses, itemized · 2024
Investment management$75,653
Total administrative$75,653
The Multi Media, LLC 401(k) match · 2024
Employer contribution per active participant$3,649
Median for plans this size$2,416
2024$3,649 per active participant
2023$3,822 per active participant
2022$3,346 per active participant

Multi Media, LLC'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$68,536
FARMER & BETTS · Contract administrator · Other services$8,250
MML INSURANCE AGENCY LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$75,653 · 0.46%
2023$70,530 · 0.66%
2022$35,378 · 0.47%
Similar plansInformation & Media · California
Legend Pictures, LLC CA$19.7M · 0.40%
Pantheon Systems, Inc. CA$19.6M · 0.08%
Forge Global, Inc CA$19.1M · 0.09%
Functional Software, Inc. CA$19.0M · 0.06%
Recurly, Inc. CA$18.8M · 0.02%
Redseal, Inc. CA$18.7M · 0.01%
Domino Data Lab Inc. CA$18.6M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452137748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.