Plan Ledger DOL Form 5500 · updated monthly

Maf Industries, Inc.401(k)

MAF INDUSTRIES, INC. 401(K) RETIREMENT PLAN · TRAVER, CA · plan year 2022

Reported admin expense ratio · 2022
1.08%

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

Maf Industries, Inc. reported $33,129 in plan administrative expenses for 2022: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $235 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,960th of 9,483), and 12,414th of 13,661 in manufacturing. In 2022, employees put in $10.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,765,920
Participants with balances95
Active participants97
Employer contributions$22,840
Employee contributions$228,404
Employer contribution per active participant$235
Average account balance$29,115
Benefits paid to participants$319,574
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,375
Investment management$31,754
Total administrative$33,129
The Maf Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$235
Median for plans this size$1,114

Maf Industries, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$33,129 · 1.08%
Same employer
Similar plansManufacturing · California
Exact Corp. CA$2.8M · 1.20%
Ramko Manufacturing, Inc. CA$2.8M · 0.07%
Crisp Enterprises, Inc. CA$2.8M · 0.97%
Magnolia Foods LLC CA$2.8M · 0.62%
South Bay Solutions, Inc. CA$2.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770219185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.