Plan Ledger DOL Form 5500 · updated monthly

Material Handling, Inc.401(k)

MATERIAL HANDLING, INC. 401(K) PLAN · DALTON, GA · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Material Handling, Inc. reported $724 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $526 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 retail trade employers. By assets it is among the smaller plans on file in Georgia (1,881st of 2,160), and 4,526th of 5,215 in retail trade. In 2022, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,478,567
Participants with balances0
Active participants130
Employer contributions$68,352
Employee contributions$212,684
Employer contribution per active participant$526
Average account balance—
Benefits paid to participants$161,737
Plan auditUnmodified (clean) audit opinion
AuditorRESJ, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$724
Total administrative$724
The Material Handling, Inc. 401(k) match · 2022
Employer contribution per active participant$526
Median for plans this size$1,114

Material Handling, 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$724 · 0.03%
Similar plansRetail Trade · Georgia
Coastal Meats, LLC GA$2.6M · 1.49%
Morrow Motors Sales Inc GA$2.6M · 0.93%
Carey Paul, Inc. GA$2.5M · 0.47%
Cronic, Inc. GA$2.5M · 0.30%
Crews Enterprises, Inc GA$2.4M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581241075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.