Plan Ledger DOL Form 5500 · updated monthly

Musick, Peeler & Garrett LLP401(k)

MUSICK, PEELER & GARRETT LLP EMPLOYEE ASSET ACCUMULATION PROGRAM · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Musick, Peeler & Garrett LLP reported $86,295 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $14,073 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 0.09% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 768th-largest of 9,483 plans among California employers on file, and the 1,139th of 11,654 in professional & technical services. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$136,733,975
Participants with balances238
Active participants163
Employer contributions$2,293,894
Employee contributions$2,010,805
Employer contribution per active participant$14,073
Average account balance$574,513
Benefits paid to participants$10,469,594
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$136.7M · 238 accts · $2.3M emplr
2023$120.2M · 230 accts · $1.9M emplr
2022$118.0M · 231 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,000
Investment management$84,295
Total administrative$86,295
The Musick, Peeler & Garrett LLP 401(k) match · 2024
Employer contribution per active participant$14,073
Median for plans this size$3,635
2024$14,073 per active participant
2023$11,920 per active participant
2022$12,149 per active participant

Musick, Peeler & Garrett LLP's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20246
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$5,430
CERITY PARTNERS LLC · Investment advisory (participants)$53,895
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$12,666
TATE ASSET MANAGEMENT · Investment advisory (participants)$10,640
MASON & ASSOCIATES INC · Investment advisory (participants)$6,041
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,305

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$86,295 · 0.07%
2023$85,805 · 0.07%
2022$119,995 · 0.09%
Same employer
Similar plansProfessional & Technical Services · California
Sonicwall, Inc. CA$140.0M · 0.07%
Ecg Topco Holdings, LLC CA$138.9M · 0.05%
Gusto (Zenpayroll) CA$138.5M · 0.18%
Shartsis Friese LLP CA$137.4M · 0.01%
Novogradac & Company LLP CA$136.5M · 0.18%
Material Holdings LLC CA$135.2M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 951777575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.