Plan Ledger DOL Form 5500 · updated monthly

Mac Arthur Co401(k) + ESOP (KSOP)

MAC ARTHUR CO. 2015 AMENDED AND RESTATED 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN · ST PAUL, MN · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Mac Arthur Co reported $127,638 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,996 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 0.018% to 0.021%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other manufacturing employers. By assets it is the 63rd-largest of 1,918 plans among Minnesota employers on file, and the 425th of 13,661 in manufacturing. In 2023, the employer put in $1.39 for every $1.00 employees contributed themselves; active participation has grown from 1,060 to 1,279 since 2022.

Plan summary
Net assets, end of year$729,300,177
Participants with balances1,563
Active participants1,279
Employer contributions$8,947,940
Employee contributions$6,426,462
Employer contribution per active participant$6,996
Average account balance$466,603
Benefits paid to participants$61,144,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$692.0M · 1,657 accts · $19.3M emplr
2023$729.3M · 1,563 accts · $8.9M emplr
2022$723.1M · 1,306 accts · $7.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$127,638
Total administrative$127,638
The Mac Arthur Co 401(k) match · 2023
Employer contribution per active participant$6,996
Median for plans this size$4,362
2024$14,838 per active participant
2023$6,996 per active participant
2022$6,856 per active participant

Mac Arthur Co's 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$127,638

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

Administrative cost history3
2024$149,263 · 0.02%
2023$127,638 · 0.02%
2022$120,317 · 0.02%
Same employer
Similar plansManufacturing · Minnesota
Taylor Corporation MN$910.3M · 0.05%
Entegris, Inc. MN$880.8M · 0.04%
Cardinal Glass Industries MN$807.8M · 0.11%
Nvent Management Company MN$728.6M · 0.02%
Schwans Shared Services, LLC MN$631.9M · 0.18%
Graco Inc MN$619.1M · 0.09%
Daikin Applied Americas Inc. MN$589.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410388120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.