Plan Ledger DOL Form 5500 · updated monthly

Mackay Manufacturing, Inc.401(k)

MACKAY MANUFACTURING, INC. 401(K) SAVINGS PLAN · SPOKANE VALLEY, WA · plan year 2025

Reported admin expense ratio · 2025
0.23%

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

Mackay Manufacturing, Inc. reported $64,509 in plan administrative expenses for 2025: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,083 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 fell from 0.25% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 517th-largest of 1,714 plans among Washington employers on file, and the 4,407th of 13,661 in manufacturing. In 2025, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,779,079
Participants with balances169
Active participants159
Employer contributions$331,204
Employee contributions$942,627
Employer contribution per active participant$2,083
Average account balance$182,125
Benefits paid to participants$968,594
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$30.8M · 169 accts · $331K emplr
2024$26.0M · 177 accts · $326K emplr
2023$22.9M · 184 accts · $303K emplr
2022$20.1M · 184 accts · $300K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$5,215
Investment management$59,294
Total administrative$64,509
The Mackay Manufacturing, Inc. 401(k) match · 2025
Employer contribution per active participant$2,083
Median for plans this size$2,666
2025$2,083 per active participant
2024$1,920 per active participant
2023$1,743 per active participant
2022$1,732 per active participant

Mackay Manufacturing, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$64,509 · 0.23%
2024$59,326 · 0.24%
2023$54,072 · 0.25%
2022$56,646 · 0.25%
Same employer
Similar plansManufacturing · Washington
Sekisui Aerospace, Inc. WA$32.4M · 0.95%
Qumulo, Inc. WA$32.1M · 0.11%
Scafco Corporation WA$31.9M · 0.18%
Great Western Malting Co. WA$31.2M · 0.45%
Cascade Dafo, Inc WA$30.3M · 0.28%
The Neil Jones Food Company WA$29.8M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910829759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.