Magnum Venus Products, Inc.401(k)

Magnum Venus Products, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $14,328,275 across 245 participant accounts, with employer contributions averaging $2,691 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 699th-largest of 1,496 plans among Tennessee employers on file, and 7,282nd of 13,661 in manufacturing. In 2023, employees put in $3.38 for every $1.00 the employer contributed; active participation has shrunk from 176 to 148 since 2022.