Plan Ledger DOL Form 5500 · updated monthly

Mallard Creek Polymers, LLC401(k)

MALLARD CREEK POLYMERS, LLC EES SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Mallard Creek Polymers, LLC reported $42,928 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $6,149 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 rose from 0.23% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 844th-largest of 2,005 plans among North Carolina employers on file, and the 6,807th of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,013,322
Participants with balances147
Active participants115
Employer contributions$707,176
Employee contributions$980,265
Employer contribution per active participant$6,149
Average account balance$108,934
Benefits paid to participants$1,500,203
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 147 accts · $707K emplr
2023$14.1M · 136 accts · $625K emplr
2022$12.7M · 132 accts · $589K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,670
Investment management$30,258
Total administrative$42,928
The Mallard Creek Polymers, LLC 401(k) match · 2024
Employer contribution per active participant$6,149
Median for plans this size$2,416
2024$6,149 per active participant
2023$5,954 per active participant
2022$5,607 per active participant

Mallard Creek Polymers, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$12,670
KESTRA FINANCIAL · Investment advisory (plan)$30,258

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,928 · 0.29%
2023$32,731 · 0.24%
2022$35,094 · 0.23%
Same employer
Similar plansManufacturing · North Carolina
Machine Specialties, Inc. NC$16.6M · 0.42%
Edwards Wood Products NC$16.5M · 0.45%
Exela Pharma Sciences, LLC NC$15.8M · 0.31%
Cgr Products Inc. NC$15.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760455769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.