401k Record

Employers › Mynd Management

Mynd Management 401(k)

Recordkeeping fees per participant · Mynd 401(k) Plan · plan year 2023

$26.58

Higher than 29% of the 13,318 plans $10 to 50M that report it.

Source

= $11,801 / 444
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241015105407NAL0016182979001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015105407NAL0016182979001, received 2024-10-15

10th: $8.38median $71.1390th: $189.70

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-10-15.

Cost and contributions

Administrative expenses excluding investment management, per participant

$26.58

10th: $12.50median $105.8490th: $309.83

Higher than 19% of the 23,494 plans $10 to 50M that report it.

Source

= $11,801 / 444
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241015105407NAL0016182979001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015105407NAL0016182979001, received 2024-10-15

Administrative expenses per participant

$26.58

10th: $21.83median $171.6490th: $417.48

Higher than 12% of the 24,286 plans $10 to 50M that report it.

Source

= $11,801 / 444
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015105407NAL0016182979001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015105407NAL0016182979001, received 2024-10-15

Administrative expenses as a share of assets

0.114%

10th: 0.029%median 0.269%90th: 0.572%

Higher than 25% of the 24,321 plans $10 to 50M that report it.

Source

= $11,801 / $10,348,256
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015105407NAL0016182979001, received 2024-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241015105407NAL0016182979001, received 2024-10-15

Employer contributions per participant

$1,642

10th: $655median $2,02590th: $4,780

Higher than 38% of the 23,376 plans $10 to 50M that report it.

Source

= $728,865 / 444
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015105407NAL0016182979001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015105407NAL0016182979001, received 2024-10-15

Employer share of total contributions

23.0%

10th: 13.2%median 28.1%90th: 46.4%

Higher than 33% of the 23,409 plans $10 to 50M that report it.

Source

= $728,865 / $3,164,033
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015105407NAL0016182979001, received 2024-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241015105407NAL0016182979001, received 2024-10-15

Plan terms, as stated in Mynd Management, Inc's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241015105407NAL0016182979001, received 2024-10-15

Full record, Mynd 401(k) Plan

FieldValueSource
Plan sponsorMYND MANAGEMENT, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241015105407NAL0016182979001, received 2024-10-15
Plan nameMYND 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20241015105407NAL0016182979001, received 2024-10-15
Sponsor EIN / plan number81-2311388 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241015105407NAL0016182979001, received 2024-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241015105407NAL0016182979001, received 2024-10-15
Sponsor locationOAKLAND, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241015105407NAL0016182979001, received 2024-10-15
Industry (business code)531110, Real estate and rental and leasingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20241015105407NAL0016182979001, received 2024-10-15
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241015105407NAL0016182979001, received 2024-10-15
Filing received2024-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241015105407NAL0016182979001, received 2024-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241015105407NAL0016182979001, received 2024-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20241015105407NAL0016182979001, received 2024-10-15
Participants, beginning of year659Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241015105407NAL0016182979001, received 2024-10-15
Active participants443Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241015105407NAL0016182979001, received 2024-10-15
Participants, end of year605Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241015105407NAL0016182979001, received 2024-10-15
Participants with an account balance444Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015105407NAL0016182979001, received 2024-10-15
Total assets, beginning of year$6,899,566Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241015105407NAL0016182979001, received 2024-10-15
Total assets, end of year$10,348,256Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241015105407NAL0016182979001, received 2024-10-15
Net assets, end of year$10,348,256Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241015105407NAL0016182979001, received 2024-10-15
Total income$4,710,654Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241015105407NAL0016182979001, received 2024-10-15
Net income$3,448,690Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241015105407NAL0016182979001, received 2024-10-15
Employer contributions$728,865Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015105407NAL0016182979001, received 2024-10-15
Participant contributions$2,090,498Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241015105407NAL0016182979001, received 2024-10-15
Other contributions (incl. rollovers)$344,670Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241015105407NAL0016182979001, received 2024-10-15
Total contributions$3,164,033Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241015105407NAL0016182979001, received 2024-10-15
Benefit payments$1,243,129Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241015105407NAL0016182979001, received 2024-10-15
Total expenses (incl. benefit payments)$1,261,964Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241015105407NAL0016182979001, received 2024-10-15
Total administrative expenses$11,801Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015105407NAL0016182979001, received 2024-10-15
Recordkeeping fees$11,801Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241015105407NAL0016182979001, received 2024-10-15
Administrative expenses excluding investment management$11,801derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241015105407NAL0016182979001, received 2024-10-15
Held in common/collective trusts$209,261Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241015105407NAL0016182979001, received 2024-10-15
Held in mutual funds$10,025,237Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241015105407NAL0016182979001, received 2024-10-15
Independent auditorMOSS ADAMS LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241015105407NAL0016182979001, received 2024-10-15

Position = column in the DOL layout for form year 2023. Filing 20241015105407NAL0016182979001, received 2024-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
ADP, INC.recordkeeperRECORD KEEPER 37 Participant loan processing; 50 Direct payment from the plan; 15 Recordkeeping and information management; 64 Recordkeeping fees $11,800yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20241015105407NAL0016182979001, received 2024-10-15.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

Alerts, claims and corrections

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Sponsor name as filed: MYND MANAGEMENT, INC.; SEC registrant: Mynd Management, Inc (CIK 1688930, matched by EIN).