Plan Ledger DOL Form 5500 · updated monthly

My Secure Advantage401(k)

MY SECURE ADVANTAGE 401(K)PLAN · ROSEVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

My Secure Advantage reported $39,191 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,849 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (6,214th of 9,483), and the 1,191st of 2,534 in administrative & support services. In 2024, employees put in $4.29 for every $1.00 the employer contributed; active participation has grown from 71 to 97 since 2022.

Plan summary
Net assets, end of year$7,403,782
Participants with balances132
Active participants97
Employer contributions$179,361
Employee contributions$768,848
Employer contribution per active participant$1,849
Average account balance$56,089
Benefits paid to participants$516,204
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 132 accts · $179K emplr
2023$6.1M · 127 accts · $1K emplr
2022$5.1M · 116 accts · $95K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,338
Investment management$2,853
Total administrative$39,191
The My Secure Advantage 401(k) match · 2024
Employer contribution per active participant$1,849
Median for plans this size$1,313
2024$1,849 per active participant
2023$10 per active participant
2022$1,336 per active participant

My Secure Advantage's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK · Recordkeeping · Loan processing$36,713

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,191 · 0.58%
2023$34,111 · 0.61%
2022$35,028 · 0.61%
Similar plansAdministrative & Support Services · California
Inconen Corporation CA$7.6M · 0.04%
Siteworks Landscape, Inc. CA$7.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680115281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.