Plan Ledger DOL Form 5500 · updated monthly

Mwh, LLC401(k)

SIMMS RESTAURANT GROUP 401(K) PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
2.85%

Mwh, LLC reported $39,349 in plan administrative expenses for 2024: 2.85% of average plan assets, higher than ~90% of peers. 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 rose from 2.65% to 2.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,456th of 9,483), and 1,521st of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,672,695
Participants with balances280
Active participants395
Employer contributions—
Employee contributions$517,547
Employer contribution per active participant—
Average account balance$5,974
Benefits paid to participants$115,223
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 280 accts
2023$1.1M · 254 accts
2022$687K · 232 accts · $21K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,349
Total administrative$39,349
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
MERRILL LYNCH PIERCE FENNER SMITH · Investment advisory (plan)$16,612
ASCENSUS HOLDING INC DBA FUTUREPLAN · Contract administrator$1,988
EMPOWER ADIVSORY GROUP LLC · Investment management$1,382

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$39,349 · 2.85%
2023$26,243 · 2.95%
2022$14,729 · 2.65%
Similar plansAccommodation & Food Services · California
Martin Resorts, Inc. CA$1.9M · 0.08%
C&R Restaurant Group, LP CA$1.8M · 0.35%
Excalibur Pizza, LLC CA$1.8M · 0.80%
Awesome Office, Inc. CA$1.7M · 1.22%
Urban Plates, LLC CA$1.6M · 1.15%
The Garland CA$1.6M · 1.16%
Hardage Hospitality, LLC CA$1.6M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731733885 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.