Plan Ledger DOL Form 5500 · updated monthly

Mursion, Inc.401(k)

MURSION, INC. RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Mursion, Inc. reported $8,006 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,279th of 9,483), and 10,069th of 11,654 in professional & technical services. active participation has shrunk from 210 to 148 since 2022.

Plan summary
Net assets, end of year$4,290,952
Participants with balances145
Active participants148
Employer contributions$0
Employee contributions$456,366
Employer contribution per active participant$0
Average account balance$29,593
Benefits paid to participants$562,285
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 145 accts
2023$3.8M · 151 accts · $190 emplr
2022$3.1M · 194 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$225
Investment management$7,781
Total administrative$8,006
The Mursion, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2023$1 per active participant
2022$869 per active participant

Mursion, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
BETTERMENT FOR BUSINESS,LLC · Investment advisory (plan)$8,006

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$8,006 · 0.20%
2023$8,888 · 0.25%
2022$7,698 · 0.26%
Similar plansProfessional & Technical Services · California
3PL Central, LLC CA$4.3M · 0.70%
Infinitus Systems, Inc CA$4.3M · 0.48%
Ispace, Inc. CA$4.3M · 0.49%
Linqia Inc. CA$4.3M · 0.15%
Roi Dna CA$4.2M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471907350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.