Plan Ledger DOL Form 5500 · updated monthly

Macbeath Hardwood Company, Inc.401(k)

MACBEATH HARDWOOD COMPANY, INC. 401(K) PLAN · EDINBURGH, IN · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Macbeath Hardwood Company, Inc. reported $36,121 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $1,608 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 0.56% to 0.53%. 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 Indiana (1,031st of 1,562), and 9,983rd of 13,661 in manufacturing. In 2024, employees put in $3.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,341,432
Participants with balances157
Active participants107
Employer contributions$172,078
Employee contributions$544,229
Employer contribution per active participant$1,608
Average account balance$46,761
Benefits paid to participants$558,963
Plan auditUnmodified (clean) audit opinion
AuditorPILE CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 157 accts · $172K emplr
2023$6.4M · 146 accts · $155K emplr
2022$6.4M · 153 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,636
Investment management$13,485
Total administrative$36,121
The Macbeath Hardwood Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,608
Median for plans this size$1,313
2024$1,608 per active participant
2023$1,492 per active participant
2022$1,519 per active participant

Macbeath Hardwood Company, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024$36,121 · 0.53%
2023$33,747 · 0.53%
2022$33,899 · 0.56%
Same employer
Similar plansManufacturing · Indiana
Fibertech Plastics LLC IN$7.5M · 0.70%
Pretzels, Inc IN$7.4M · 0.82%
Polyjohn Enterprises, LLC IN$7.3M · 0.02%
Kore Outdoor US Inc. IN$7.2M · 0.03%
Mahoney Foundries, Inc. IN$7.0M · 1.10%
Brinly-Hardy Company IN$6.8M · 0.81%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941459178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.