Plan Ledger DOL Form 5500 · updated monthly

Matthew Warren Inc. dba Mw Industries Inc401(k)

MW INDUSTRIES, INC. CONSOLIDATED EMPLOYER RETIREMENT SAVINGS PLAN · ROSEMONT, IL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Matthew Warren Inc. dba Mw Industries Inc reported $292,258 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,471 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 fell from 0.18% to 0.16%. 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 346th-largest of 3,702 plans among Illinois employers on file, and the 1,179th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$195,630,993
Participants with balances3,202
Active participants2,022
Employer contributions$4,996,901
Employee contributions$10,139,440
Employer contribution per active participant$2,471
Average account balance$61,097
Benefits paid to participants$33,771,729
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$195.6M · 3,202 accts · $5.0M emplr
2023$162.1M · 2,655 accts · $5.4M emplr
2022$140.7M · 2,725 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$228,111
Investment management$64,147
Total administrative$292,258
The Matthew Warren Inc. dba Mw Industries Inc 401(k) match · 2024
Employer contribution per active participant$2,471
Median for plans this size$3,635
2024$2,471 per active participant
2023$3,210 per active participant
2022$2,395 per active participant

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

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$231,714
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$64,147

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

Administrative cost history3
2024$292,258 · 0.16%
2023$207,566 · 0.14%
2022$280,653 · 0.18%
Similar plansManufacturing · Illinois
Nortek, Inc. IL$204.3M · 0.15%
Samuel, Son & Co. (USA) Inc. IL$201.5M · 0.23%
Suncoke Energy, Inc. IL$195.9M · 0.09%
Wilson Sporting Goods Co. IL$195.5M · 0.11%
Colson Medical LLC IL$190.2M · 0.04%
Evraz NA IL$187.3M · 0.01%
Transcontinental US, LLC IL$185.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382938499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.