Plan Ledger DOL Form 5500 · updated monthly

Service by Medallion401(k)

SERVICE BY MEDALLION, INC. 401(K) & RETIREMENT PLAN · MOUNTAIN VIEW, CA · plan year 2025

Reported admin expense ratio · 2025
0.26%

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

Service by Medallion reported $33,571 in plan administrative expenses for 2025: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,156 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 rose from 0.14% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other administrative & support services employers. By assets it is the 4,566th-largest of 9,483 plans among California employers on file, and the 809th of 2,534 in administrative & support services. In 2025, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 110 to 126 since 2022.

Plan summary
Net assets, end of year$14,037,426
Participants with balances118
Active participants126
Employer contributions$397,686
Employee contributions$817,111
Employer contribution per active participant$3,156
Average account balance$118,961
Benefits paid to participants$916,532
Plan auditUnmodified (clean) audit opinion
AuditorSILICON VALLEY ACCOUNTACY CORP.
Plan history4
Yearassets · accounts · employer contribution
2025$14.0M · 118 accts · $398K emplr
2024$11.8M · 117 accts · $400K emplr
2023$9.4M · 116 accts · $361K emplr
2022$9.2M · 115 accts · $318K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$15,138
Investment management$18,433
Total administrative$33,571
The Service by Medallion 401(k) match · 2025
Employer contribution per active participant$3,156
Median for plans this size$2,666
2025$3,156 per active participant
2024$2,836 per active participant
2023$3,010 per active participant
2022$2,892 per active participant

Service by Medallion's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$18,433
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$15,138
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025$33,571 · 0.26%
2024$28,140 · 0.27%
2023$3,434 · 0.04%
2022$14,343 · 0.14%
Same employer
Similar plansAdministrative & Support Services · California
Mariposa Landscapes, Inc. CA$14.2M · 0.01%
Zempleo, Inc. CA$13.9M · 0.63%
Scio Technologies, Inc. CA$13.8M · 0.09%
San Diego Tourism Authority CA$13.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942537238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.