Plan Ledger DOL Form 5500 · updated monthly

Mac Valves, Inc.401(k)

MAC VALVES, INC. PROFIT SHARING AND 401(K) PLAN · WIXOM, MI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Mac Valves, Inc. reported $115,763 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $601 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. 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 625th-largest of 2,619 plans among Michigan employers on file, and the 3,715th of 13,661 in manufacturing. In 2024, employees put in $5.79 for every $1.00 the employer contributed; active participation has shrunk from 469 to 420 since 2022.

Plan summary
Net assets, end of year$39,542,981
Participants with balances504
Active participants420
Employer contributions$252,304
Employee contributions$1,459,733
Employer contribution per active participant$601
Average account balance$78,458
Benefits paid to participants$4,116,247
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE & MORAN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 504 accts · $252K emplr
2023$37.7M · 555 accts · $273K emplr
2022$33.1M · 551 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,061
Investment management$56,522
Audit (IQPA)$15,180
Total administrative$115,763
The Mac Valves, Inc. 401(k) match · 2024
Employer contribution per active participant$601
Median for plans this size$2,416
2024$601 per active participant
2023$602 per active participant
2022$693 per active participant

Mac Valves, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$44,061
MORGAN STANLEY GLOBAL BANKING OPERA · Investment advisory (plan)$56,522
PLANTE MORAN, PLLC · Accounting / audit$15,180
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$115,763 · 0.30%
2023$94,023 · 0.27%
2022$117,256 · 0.31%
Same employer
Similar plansManufacturing · Michigan
Autodie LLC MI$40.1M · 0.06%
Schupan & Sons, Inc. MI$40.0M · 0.36%
Nikon Metrology, Inc. MI$39.8M · 0.30%
Maxitrol Company MI$39.7M · 0.23%
Progressive Surface, Inc. MI$39.5M · 0.10%
Inductoheat, Inc. MI$39.4M · 0.26%
Eckhart & Assoc., Inc. MI$39.1M · 0.45%
Rexair LLC MI$39.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381292687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.