Original filing (PDF)20250509114023NAL0013253121001

MBS ASSET MANAGEMENT LLC

Name: MBS ASSET MANAGEMENT LLC — MBS ASSET MANAGEMENT, LLC 401(K) PLAN, Form 5500 (2024)
Creator: MBS ASSET MANAGEMENT LLC

Form 5500

FILING_RECEIVED

MBS ASSET MANAGEMENT, LLC 401(K) PLAN

401(k) retirement plan

Active participants

658

Accounts w/ balance

667

Plan assets (EOY)

$56.7M

Net assets (EOY)

$56.7M

How this plan invests

This plan

67 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

100

Participation health

100

Knocking points off

55 bps in Schedule C fees — 244% above peer band of 16 bps.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MBS ASSET MANAGEMENT LLC.

Plan sponsor

Name

MBS ASSET MANAGEMENT LLC

EIN

27-5242020

Address

1600 ROSECRANS AVE · MANHATTAN BEACH, CA · 90266

Phone

(310) 727-2708

Industry

All Other Professional Services· Professional & Technical Servicessee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-05-09

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

WINDES, INC.

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
TRANSAMERICA RETIREMENT SOLUTIONS	13-3689044	—	RECORD KEEPER	$80K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
BANK OF AMERICA NA	13-5674085	—	INVESTMENT ADVISORY	$232K	—

Investments

58 direct securities· $59.5M(100% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Nuveen Lifecycle Index 2025 R6 Mutual Fund	—	—	—	$4.6M	8.0%
Nuveen Lifecycle Index 2030 R6 Mutual Fund	—	—	—	$4.0M	7.1%
Nuveen Lifecycle Index 2050 R6 Mutual Fund	—	—	—	$3.3M	5.8%
TIAA-CREF Lifecycle Idx 2055 Instl	—	—	—	$3.3M	5.7%
Nuveen Lifecycle Index 2035 R6 Mutual Fund	—	—	—	$2.9M	5.2%
Nuveen Lifecycle Index 2045 R6 Mutual Fund	—	—	—	$2.7M	4.8%
Nuveen Lifecycle Index 2020 R6 Mutual Fund	—	—	—	$2.7M	4.7%
Blackrock iShares S&P 500 Index K	—	—	—	$2.6M	4.6%
MFS Gr R6	—	—	—	$2.6M	4.6%
Nuveen Lifecycle Index 2040 R6 Mutual Fund	—	—	—	$2.5M	4.3%
Transamerica Stable Value Core Account Unallocated Contract	—	—	—	$2.3M	4.0%
American Funds Trgt Date Ret 2030 R6 Mutual Fund	—	—	—	$2.2M	3.9%
JP Morgan JP Morgan US Eq R6	—	—	—	$2.1M	3.8%
JPMorgan US Equity R6 Mutual Fund	—	—	—	$2.1M	3.8%
American Funds American Mutual R6 Mutual Fund	—	—	—	$1.8M	3.3%
American Funds Trgt Date Ret 2035 R6 Mutual Fund	—	—	—	$1.6M	2.9%
American Funds Trgt Date Ret 2050 R6 Mutual Fund	—	—	—	$1.4M	2.4%
Notes receivable from participants 4.00% - 9.50%	—	—	—	$1.2M	2.1%
American Funds Trgt Date Ret 2045 R6 Mutual Fund	—	—	—	$1.1M	1.9%
iShare U.S. Aggregate Bond Index K Mutual Fund	—	—	—	$1.0M	1.8%
PIMCO Income Instl Mutual Fund	—	—	—	$950K	1.7%
Nuveen Lifecycle Index 2060 R6 Mutual Fund	—	—	—	$934K	1.6%
BlackRock Total Return K Mutual Fund	—	—	—	$931K	1.6%
Nuveen Lifecycle Index 2015 R6 Mutual Fund	—	—	—	$890K	1.6%
BlackRock Inflation Protected Bond K Mutual Fund	—	—	—	$628K	1.1%
JPMorgan Govt Bond R6 Mutual Fund	—	—	—	$627K	1.1%
American Funds Trgt Date Ret 2025 R6 Mutual Fund	—	—	—	$534K	0.9%
PGIM High Yield R6 Mutual Fund	—	—	—	$530K	0.9%
Neuberger Berman Mid Cap Growth R6 Mutual Fund	—	—	—	$504K	0.9%
iShares MSCI Total International Index K Mutual Fund	—	—	—	$456K	0.8%
AB Glbl Bd Z	—	—	—	$418K	0.7%
AB Global Bond Z Mutual Fund	—	—	—	$418K	0.7%
American Funds Trgt Date Ret 2040 R6 Mutual Fund	—	—	—	$404K	0.7%
Invesco Global R6 Mutual Fund	—	—	—	$362K	0.6%
Allspring Special Mid Cap Value R6 Mutual Fund	—	—	—	$320K	0.6%
American Century Emerging Markets R6 Mutual Fund	—	—	—	$259K	0.5%
iShares Russell Mid Cap Index K Mutual Fund	—	—	—	$239K	0.4%
iShares Russell 2000 Small-Cap Index K Mutual Fund	—	—	—	$233K	0.4%
Hartford Intl Opp R6	—	—	—	$229K	0.4%
Hartford International Opportunities R6 Mutual Fund	—	—	—	$229K	0.4%
Invesco Real Estate R6 Mutual Fund	—	—	—	$217K	0.4%
Victory Trivalent International Small-Cap I Mutual Fund	—	—	—	$216K	0.4%
PGIM Jennison Small Company R6 Mutual Fund	—	—	—	$206K	0.4%
MFS Conservative Allocation R4 Mutual Fund	—	—	—	$196K	0.3%
Nuveen Lifecycle Index 2065 R6 Mutual Fund	—	—	—	$157K	0.3%
American Funds Trgt Date Ret 2055 R6 Mutual Fund	—	—	—	$126K	0.2%
DWS Enhanced Commodity Strategy R6 Mutual Fund	—	—	—	$45K	<0.1%
MFS Gr Alloc R4	—	—	—	$43K	<0.1%
American Funds Trgt Date Ret 2060 R6 Mutual Fund	—	—	—	$40K	<0.1%
First Eagle Global R6 Mutual Fund	—	—	—	$18K	<0.1%
Nuveen Lifecycle Index Ret Income R6 Mutual Fund	—	—	—	$13K	<0.1%
TIAA-CREF Lifecycle Idx Rt Inc Inst	—	—	—	$13K	<0.1%
American Funds Trgt Date Ret 2010 R6 Mutual Fund	—	—	—	$9K	<0.1%
MFS Moderate Allocation R4 Mutual Fund	—	—	—	$9K	<0.1%
American Funds Trgt Date Ret 2020 R6 Mutual Fund	—	—	—	$8K	<0.1%
American Funds Trgt Date Ret 2015 R6 Mutual Fund	—	—	—	$8K	<0.1%
Nuveen Lifecycle Index 2010 R6 Mutual Fund	—	—	—	$8K	<0.1%
American Funds Trgt Date Ret 2065 R6 Mutual Fund	—	—	—	$5K	<0.1%