Plan Ledger DOL Form 5500 · updated monthly

Venture Management and Consulting, Inc.401(k)

MISSION RESTORATION, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Venture Management and Consulting, Inc. reported $14,051 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $2,688 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 0.87% to 0.48%. 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 (7,712th of 9,483), and 1,708th of 2,534 in administrative & support services. In 2024, the employer put in $2.34 for every $1.00 employees contributed themselves; active participation has grown from 56 to 166 since 2022.

Plan summary
Net assets, end of year$3,280,693
Participants with balances258
Active participants166
Employer contributions$446,223
Employee contributions$190,747
Employer contribution per active participant$2,688
Average account balance$12,716
Benefits paid to participants$282,037
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 258 accts · $446K emplr
2023$2.6M · 209 accts · $333K emplr
2022$2.0M · 165 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,051
Total administrative$14,051
The Venture Management and Consulting, Inc. 401(k) match · 2024
Employer contribution per active participant$2,688
Median for plans this size$1,313
2024$2,688 per active participant
2023$4,507 per active participant
2022$3,426 per active participant

Venture Management and Consulting, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$14,051 · 0.48%
2023$18,670 · 0.81%
2022$18,315 · 0.87%
Similar plansAdministrative & Support Services · California
G&C Staffing LLC CA$3.3M · 1.25%
Digital Media Management CA$3.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475538840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.