Plan Ledger DOL Form 5500 · updated monthly

Mynd Management, Inc.401(k)

MYND 401(K) PLAN · OAKLAND, CA · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Mynd Management, Inc. reported $11,801 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,645 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 1 year on file its reported administrative ratio rose from 0.10% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (5,357th of 9,483), and 1,094th of 2,096 in real estate & leasing. In 2023, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,348,256
Participants with balances444
Active participants443
Employer contributions$728,865
Employee contributions$2,090,498
Employer contribution per active participant$1,645
Average account balance$23,307
Benefits paid to participants$1,243,129
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$10.3M · 444 accts · $729K emplr
2022$6.9M · 403 accts · $685K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,801
Total administrative$11,801
The Mynd Management, Inc. 401(k) match · 2023
Employer contribution per active participant$1,645
Median for plans this size$1,308
2023$1,645 per active participant
2022$1,181 per active participant

Mynd Management, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$11,800

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

Administrative cost history2
2023$11,801 · 0.14%
2022$5,773 · 0.10%
Same employer
Similar plansReal Estate & Leasing · California
Abode Communities CA$10.6M · 0.60%
Bender Rosenthal, Inc. CA$10.4M · 0.48%
El Monte Rents, Inc. CA$10.2M · 0.51%
Zumper, Inc. CA$10.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812311388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.