Plan Ledger DOL Form 5500 · updated monthly

Murchison & Cumming, LLP401(k)

MURCHISON & CUMMING LLP 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Murchison & Cumming, LLP reported $64,936 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,703 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 0.17% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,032nd-largest of 9,483 plans among California employers on file, and the 3,162nd of 11,654 in professional & technical services. In 2023, employees put in $5.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,457,632
Participants with balances186
Active participants162
Employer contributions$275,833
Employee contributions$1,387,003
Employer contribution per active participant$1,703
Average account balance$228,267
Benefits paid to participants$2,648,978
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 179 accts · $231K emplr
2023$42.5M · 186 accts · $276K emplr
2022$35.7M · 175 accts · $135K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$64,936
Total administrative$64,936
The Murchison & Cumming, LLP 401(k) match · 2023
Employer contribution per active participant$1,703
Median for plans this size$2,440
2024$1,282 per active participant
2023$1,703 per active participant
2022$863 per active participant

Murchison & Cumming, LLP's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$47,645
PRESBERG PENSIONS, INC · Contract administrator$5,978
CAPITAL GROUP RETIREMENT PLAN SERVI$1,175

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$46,091 · 0.12%
2023$64,936 · 0.17%
2022$67,650 · 0.17%
Same employer
Similar plansProfessional & Technical Services · California
LIFE360, Inc. CA$42.7M · 0.02%
Mazzetti, Inc. CA$42.6M · 0.16%
Gong.Io Inc. CA$42.5M · 0.08%
Collectors Universe, Inc. CA$42.5M · 0.34%
Nexon America, Inc. CA$42.4M · 0.33%
Viant Technology LLC CA$42.2M · 0.18%
Revolution Medicines, Inc. CA$42.1M · 0.01%
Applied Intuition, Inc. CA$42.0M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952130365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.