Plan Ledger DOL Form 5500 · updated monthly

Mac Trailer Enterprises, Inc.401(k)

MAC TRAILER ENTERPRISES, INC. 401(K) PLAN · ALLIANCE, OH · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Mac Trailer Enterprises, Inc. reported $188,143 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,345 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 fell from 0.75% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 779th-largest of 3,295 plans among Ohio employers on file, and the 3,719th of 13,661 in manufacturing. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,516,645
Participants with balances1,353
Active participants1,293
Employer contributions$1,738,859
Employee contributions$4,559,152
Employer contribution per active participant$1,345
Average account balance$29,207
Benefits paid to participants$3,644,942
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 1,353 accts · $1.7M emplr
2023$32.2M · 1,866 accts · $1.7M emplr
2022$24.0M · 1,699 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,913
Investment management$50,230
Total administrative$188,143
The Mac Trailer Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,345
Median for plans this size$2,416
2024$1,345 per active participant
2023$1,062 per active participant
2022$953 per active participant

Mac Trailer Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$137,913
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$48,701

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$188,143 · 0.52%
2023$193,035 · 0.69%
2022$179,166 · 0.75%
Same employer
Similar plansManufacturing · Ohio
Storopack, Inc. OH$39.9M · 0.34%
National Machine Company OH$39.5M · 0.24%
Chase Industries, Inc. OH$39.1M · 0.33%
R.W. Beckett Corporation OH$38.9M · 0.03%
Schwebel Baking Company OH$38.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203210779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.