Plan Ledger DOL Form 5500 · updated monthly

M & S Industrial Metal Fabricators, Inc.401(k)

M & S INDUSTRIAL METAL FABRICATORS, INC. 401(K) PLAN · HUNTINGTON, IN · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

M & S Industrial Metal Fabricators, Inc. reported $11,826 in plan administrative expenses for 2022: 0.67% of average plan assets, above the peer median. Employer contributions averaged $387 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,451st of 1,562), and 13,072nd of 13,661 in manufacturing. In 2022, employees put in $4.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,477,200
Participants with balances78
Active participants75
Employer contributions$29,043
Employee contributions$135,186
Employer contribution per active participant$387
Average account balance$18,938
Benefits paid to participants$470,167
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,826
Total administrative$11,826
The M & S Industrial Metal Fabricators, Inc. 401(k) match · 2022
Employer contribution per active participant$387
Median for plans this size$1,114

M & S Industrial Metal Fabricators, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,826 · 0.67%
Similar plansManufacturing · Indiana
Oasis Lifestyle, LLC IN$1.5M · 1.20%
Adventure Homes, LLC IN$1.5M · 0.02%
Asw, LLC IN$1.5M · 0.95%
Just Packaging, Inc. IN$1.4M · 0.05%
Sms Mill Services, LLC IN$1.4M · 0.93%
General Devices Co., Inc. IN$1.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351163634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.