Plan Ledger DOL Form 5500 · updated monthly

M & M Industries Inc401(k)

M & M INDUSTRIES INC 401(K) PROFIT SHARING PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
1.24%

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

M & M Industries Inc reported $76,042 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $844 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 rose from 1.12% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (999th of 1,496), and 10,548th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,250,970
Participants with balances164
Active participants493
Employer contributions$416,311
Employee contributions$749,212
Employer contribution per active participant$844
Average account balance$38,116
Benefits paid to participants$1,925,293
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 164 accts · $416K emplr
2023$6.0M · 166 accts · $391K emplr
2022$5.4M · 181 accts · $418K emplr
Administrative expenses, itemized · 2024
Investment management$76,042
Total administrative$76,042
The M & M Industries Inc 401(k) match · 2024
Employer contribution per active participant$844
Median for plans this size$1,313
2024$844 per active participant
2023$1,012 per active participant
2022$876 per active participant

M & M Industries Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK LIFE INS CO · Recordkeeping$40,199
JOHN HANCOCK LIFE INS CO · Recordkeeping$2,550
UBS FINANCIAL SERVICES INC · Investment advisory (participants)$33,293

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,042 · 1.24%
2023$66,539 · 1.17%
2022$65,697 · 1.12%
Same employer
Similar plansManufacturing · Tennessee
Storm Manufacturing Inc. TN$6.5M · 0.65%
M3 Technology Group, Inc. TN$6.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621260875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.