Material Handling Systems, Inc.Profit-sharing plan
MATERIAL HANDLING SYSTEMS, INC. SAVINGS AND INVESTMENT PLAN · MT. WASHINGTON, KY · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Material Handling Systems, Inc. reported $227,421 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $0 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 has held roughly steady near 0.117%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 67th-largest of 871 plans among Kentucky employers on file, and the 1,110th of 11,654 in professional & technical services.
Material Handling Systems, Inc.'s 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 271219595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.