Plan Ledger DOL Form 5500 · updated monthly

Myvest Corporation401(k)

MYVEST 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Myvest Corporation reported $4,587 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,478 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,959th-largest of 9,483 plans among California employers on file, and 2,617th of 4,798 in finance & insurance. In 2024, employees put in $5.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,404,650
Participants with balances137
Active participants120
Employer contributions$417,331
Employee contributions$2,146,220
Employer contribution per active participant$3,478
Average account balance$192,735
Benefits paid to participants$490,304
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 137 accts · $417K emplr
2023$19.8M · 135 accts · $425K emplr
2022$14.7M · 135 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$976
Investment management$3,611
Total administrative$4,587
The Myvest Corporation 401(k) match · 2024
Employer contribution per active participant$3,478
Median for plans this size$2,416
2024$3,478 per active participant
2023$3,574 per active participant
2022$3,276 per active participant

Myvest Corporation's 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$4,587 · 0.02%
2023$3,997 · 0.02%
2022$4,664 · 0.03%
Same employer
Similar plansFinance & Insurance · California
River City Bank CA$26.7M · 0.04%
American First Credit Union CA$26.6M · 0.18%
Coasthills Credit Union CA$26.2M · 0.14%
Southland Credit Union CA$25.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470902011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.