Plan Ledger DOL Form 5500 · updated monthly

Mdc Vacuum Products, LLC401(k)

MDC VACUUM PRODUCTS, LLC 401(K) PLAN · HAYWARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Mdc Vacuum Products, LLC reported $66,575 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,794 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 rose from 0.40% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,197th-largest of 9,483 plans among California employers on file, and the 6,761st of 13,661 in manufacturing. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has shrunk from 410 to 191 since 2022.

Plan summary
Net assets, end of year$16,176,481
Participants with balances512
Active participants191
Employer contributions$342,568
Employee contributions$814,686
Employer contribution per active participant$1,794
Average account balance$31,595
Benefits paid to participants$970,924
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 512 accts · $343K emplr
2023$14.4M · 535 accts · $509K emplr
2022$12.6M · 601 accts · $651K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,345
Investment management$8,730
Audit (IQPA)$12,500
Total administrative$66,575
The Mdc Vacuum Products, LLC 401(k) match · 2024
Employer contribution per active participant$1,794
Median for plans this size$2,416
2024$1,794 per active participant
2023$2,437 per active participant
2022$1,587 per active participant

Mdc Vacuum Products, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$52,250
PKF O'CONNOR DAVIES · Accounting / audit$12,500
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$8,730

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$66,575 · 0.44%
2023$57,470 · 0.43%
2022$52,593 · 0.40%
Same employer
Similar plansManufacturing · California
O'Neill Wetsuits, LLC CA$16.2M · 0.01%
Pindler & Pindler, Inc. CA$16.2M · 0.84%
Noritz America Corporation CA$16.1M · 0.01%
Credo Semiconductor, Inc. CA$16.1M · 0.14%
Tri-Union Seafoods, LLC CA$16.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203674752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.