Plan Ledger DOL Form 5500 · updated monthly

Mann & Hummel Filtration Technology Group, Inc.401(k)

M&H PARTNERS IN WEALTH SAVINGS PLAN · GASTONIA, NC · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Mann & Hummel Filtration Technology Group, Inc. reported $326,601 in plan administrative expenses for 2022: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,224 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other retail trade employers. By assets it is the 109th-largest of 2,005 plans among North Carolina employers on file, and the 200th of 5,215 in retail trade. In 2022, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$226,701,461
Participants with balances2,863
Active participants2,098
Employer contributions$4,666,656
Employee contributions$7,899,139
Employer contribution per active participant$2,224
Average account balance$79,183
Benefits paid to participants$30,254,712
Plan auditUnmodified (clean) audit opinion
The Mann & Hummel Filtration Technology Group, Inc. 401(k) match · 2022
Employer contribution per active participant$2,224
Median for plans this size$3,449

Mann & Hummel Filtration Technology Group, Inc.'s 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$326,601 · 0.16%
Similar plansRetail Trade · North Carolina
Sonic Automotive, Inc. NC$548.3M · 0.08%
Belk Stores Services, LLC NC$400.6M · 0.11%
Ingles Markets, Incorporated NC$196.8M · 0.13%
Weisiger Group Inc NC$166.9M · 0.20%
Leith, Inc. NC$146.2M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201483322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.