Plan Ledger DOL Form 5500 · updated monthly

Mannington Mills, Inc.401(k)

MANNINGTON 401(K) RETIREMENT SAVINGS PLAN · SALEM, NJ · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Mannington Mills, Inc. reported $474,900 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,663 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 has held roughly steady near 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 215th-largest of 2,419 plans among New Jersey employers on file, and the 1,124th of 13,661 in manufacturing. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$210,241,395
Participants with balances2,535
Active participants2,131
Employer contributions$3,544,230
Employee contributions$8,130,044
Employer contribution per active participant$1,663
Average account balance$82,935
Benefits paid to participants$22,450,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$210.2M · 2,535 accts · $3.5M emplr
2023$198.9M · 2,720 accts · $4.0M emplr
2022$186.6M · 3,145 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$284,795
Total administrative$474,900
The Mannington Mills, Inc. 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$3,635
2024$1,663 per active participant
2023$1,995 per active participant
2022$2,254 per active participant

Mannington Mills, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Loan processing$284,872
NATIONAL FINANCIAL SERVICES, LLC · Recordkeepingindirect comp
MMA SECURITIES LLC · Consulting · Pension consulting$125,000
J L KREISCHER PC ET AL PTRS DBA$26,800
EMPOWER FINANCIAL SERVICES,INC · Securities brokerage$649

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

Recordkeeper by year2
2024Empower, NATIONAL FINANCIAL SERVICES, LLC
2023Prudential

This plan has changed recordkeepers within these filings. If you left Mannington Mills, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$474,900 · 0.23%
2023$432,310 · 0.22%
2022$495,741 · 0.24%
Same employer
Similar plansManufacturing · New Jersey
Nitto Americas Inc. NJ$242.4M · 0.16%
Convatec NJ$239.4M · 0.18%
Arxada, LLC NJ$224.9M · 0.05%
Croda Inc. NJ$208.5M · 0.00%
Mistras Group, Inc. NJ$201.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210506420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.