Plan Ledger DOL Form 5500 · updated monthly

Pmi Mortgage Insurance Co.401(k)

PMI MORTGAGE INSURANCE CO. SAVINGS AND PROFIT SHARING PLAN · WALNUT CREEK, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Pmi Mortgage Insurance Co. reported $29,393 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,368 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 rose from 0.04% to 0.08%. 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 2,206th-largest of 9,483 plans among California employers on file, and the 2,016th of 4,798 in finance & insurance. In 2024, employees put in $3.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,610,356
Participants with balances145
Active participants8
Employer contributions$58,941
Employee contributions$190,768
Employer contribution per active participant$7,368
Average account balance$266,278
Benefits paid to participants$3,142,401
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH + BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$38.6M · 145 accts · $59K emplr
2023$36.5M · 158 accts · $56K emplr
2022$35.8M · 177 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,753
Audit (IQPA)$840
Total administrative$29,393
The Pmi Mortgage Insurance Co. 401(k) match · 2024
Employer contribution per active participant$7,368
Median for plans this size$2,416
2024$7,368 per active participant
2023$6,983 per active participant
2022$7,081 per active participant

Pmi Mortgage Insurance Co.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
WITHUMSMITHANDBROWN, PC$20,800

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$29,393 · 0.08%
2023$17,625 · 0.05%
2022$15,950 · 0.04%
Similar plansFinance & Insurance · California
1ST United Credit Union CA$40.0M · 0.25%
Coast Central Credit Union CA$39.5M · 0.08%
Lifecare Assurance Company CA$39.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942208266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.