Plan Ledger DOL Form 5500 · updated monthly

My Life Foundation, Inc.401(k)

MY LIFE FOUNDATION, INC. 401(K) PSP · WESTCHESTER, CA · plan year 2022

Reported admin expense ratio · 2022
0.44%

My Life Foundation, Inc. reported $4,220 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,891st of 9,483), and 11,017th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$868,320
Participants with balances127
Active participants230
Employer contributions—
Employee contributions$104,868
Employer contribution per active participant—
Average account balance$6,837
Benefits paid to participants$63,573
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,220
Total administrative$4,220
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,220 · 0.44%
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Source: U.S. Department of Labor, Form 5500 series, EIN 943347107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.