Plan Ledger DOL Form 5500 · updated monthly

Madison Precision Products, Inc.401(k)

MADISON PRECISION PRODUCTS, INC. RETIREMENT PLAN · MADISON, IN · plan year 2025

Reported admin expense ratio · 2025
0.24%

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

Madison Precision Products, Inc. reported $49,661 in plan administrative expenses for 2025: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,039 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 0.31% to 0.24%. 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 525th-largest of 1,562 plans among Indiana employers on file, and the 5,573rd of 13,661 in manufacturing. In 2025, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 274 to 324 since 2022.

Plan summary
Net assets, end of year$21,967,067
Participants with balances416
Active participants324
Employer contributions$660,551
Employee contributions$926,103
Employer contribution per active participant$2,039
Average account balance$52,805
Benefits paid to participants$2,257,774
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$22.0M · 416 accts · $661K emplr
2024$19.6M · 423 accts · $661K emplr
2023$18.1M · 398 accts · $558K emplr
2022$15.1M · 390 accts · $511K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$10,701
Investment management$38,960
Total administrative$49,661
The Madison Precision Products, Inc. 401(k) match · 2025
Employer contribution per active participant$2,039
Median for plans this size$2,666
2025$2,039 per active participant
2024$1,927 per active participant
2023$1,855 per active participant
2022$1,866 per active participant

Madison Precision Products, 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.

Service providers · 20254
MORGAN STANLEY GLOBAL BANKING$34,257
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$4,702
RETIREMENT MANAGEMENT SERVICES LLC · Other services$4,651

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

Administrative cost history4
2025$49,661 · 0.24%
2024$58,145 · 0.31%
2023$52,011 · 0.31%
2022$55,086 · 0.31%
Same employer
Similar plansManufacturing · Indiana
The Flexaust Company, Inc. IN$22.3M · 0.61%
Tube Processing Corp. IN$21.8M · 0.01%
Dmi Technology Corporation IN$21.8M · 0.33%
Fort Wayne Wire Die, Inc. IN$21.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330281975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.