Plan Ledger DOL Form 5500 · updated monthly

Munger, Tolles & Olson LLP401(k)

MTO 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2021

Reported admin expense ratio · 2021
0.09%

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

Munger, Tolles & Olson LLP reported $244,081 in plan administrative expenses for 2021: 0.09% of average plan assets, below the peer median. Employer contributions averaged $5,736 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 rose from 0.07% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 6 comparable plans and shown alongside other professional & technical services employers. By assets it is the 429th-largest of 9,483 plans among California employers on file, and the 603rd of 11,654 in professional & technical services. In 2021, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$282,155,420
Participants with balances720
Active participants462
Employer contributions$2,650,255
Employee contributions$6,248,197
Employer contribution per active participant$5,736
Average account balance$391,883
Benefits paid to participants$15,426,007
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2021$282.2M · 720 accts · $2.7M emplr
2020$247.7M · 698 accts · $2.2M emplr
2019$219.1M · 744 accts · $2.4M emplr
2018$183.2M · 689 accts · $2.4M emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$134,590
Investment management$55,841
Total administrative$244,081
The Munger, Tolles & Olson LLP 401(k) match · 2021
Employer contribution per active participant$5,736
Median for plans this size$4,638
2021$5,736 per active participant
2020$5,134 per active participant
2019$5,188 per active participant
2018$5,112 per active participant

Munger, Tolles & Olson LLP's 2021 employer contribution ran above the $4,638 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2021$244,081 · 0.09%
2020$141,154 · 0.06%
2019$127,834 · 0.06%
2018$128,772 · 0.07%
All plans at this employer2
MTO 401(K) PROFIT SHARING PLAN401(k)
MTO PROFIT SHARING PLANProfit-sharing plan
Same employer
Similar plansProfessional & Technical Services · California
Elasticsearch, Inc. CA$291.4M · 0.00%
Neurocrine Biosciences CA$283.5M · 0.05%
Box, Inc. CA$282.9M · 0.07%
Tsmc North America Inc CA$278.6M · 0.05%
Public Health Institute CA$276.2M · 0.21%
Mediatek USA Inc. CA$274.4M · 0.03%
Cox, Castle & Nicholson LLP CA$269.9M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952156481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.