Mad Engine Global, LLC 401(k) Review & Grade
Mad Engine Global, LLC 401k Retirement Plan
Glendale, CAWholesale Trade586 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,265Employer $ per active participant
$4,391Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$29.2MNet plan assets, end of year
$54,493Average balance per account
Score breakdown
- Employer generosity30.4 / 5061th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving6.9 / 1546th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 33th |
| Employee saving | 46th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Mad Engine Global put in about $2,265 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.37% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,328,327 |
| Participant (employee) contributions | $2,575,184 |
| Other contributions (incl. rollovers in) | $182,796 |
| Administrative expenses paid from the plan | $103,581 |
| Investment advisory & management fees | $22,865 |
| Benefits paid out | $5,393,827 |
| Net assets, start / end of year | $27.0M / $29.2M |
| Active participants, start / end of year | 633 / 540 |
| Participants with account balances | 536 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Adp, Inc. | $86,229 reported compensation |
| Hardy Reed Capital Advisors, LLC | $17,352 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250724073001NAL0004990785001, received 2025-07-24, EIN 85-4233921, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.