Plan Ledger DOL Form 5500 · updated monthly

McNeilus Steel, Inc.401(k)

MCNEILUS STEEL, INC. 401(K) AND PROFIT SHARING PLAN · DODGE CENTER, MN · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

McNeilus Steel, Inc. reported $163,161 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $4,649 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 0.19% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 260th-largest of 1,918 plans among Minnesota employers on file, and the 115th of 2,096 in real estate & leasing. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$108,593,144
Participants with balances820
Active participants699
Employer contributions$3,249,664
Employee contributions$4,386,522
Employer contribution per active participant$4,649
Average account balance$132,431
Benefits paid to participants$6,657,121
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$108.6M · 820 accts · $3.2M emplr
2023$93.9M · 829 accts · $3.2M emplr
2022$71.0M · 843 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,161
Total administrative$163,161
The McNeilus Steel, Inc. 401(k) match · 2024
Employer contribution per active participant$4,649
Median for plans this size$3,635
2024$4,649 per active participant
2023$4,485 per active participant
2022$4,415 per active participant

McNeilus Steel, Inc.'s 2024 employer contribution ran above 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 · 20241
BELL BANK · Recordkeeping · Trustee$163,161

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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Administrative cost history3
2024$163,161 · 0.16%
2023$142,795 · 0.17%
2022$120,793 · 0.19%
Similar plansReal Estate & Leasing · Minnesota
Homeservices of America, Inc MN$790.9M · 0.03%
Agiliti Health, Inc. MN$353.2M · 0.19%
Kraus-Anderson, Incorporated MN$121.5M · 0.00%
Opus Holding, L.L.C. MN$94.6M · 0.05%
Great Clips, Inc. MN$55.7M · 0.20%
Csm Corporation MN$39.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411224472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.