Plan Ledger DOL Form 5500 · updated monthly

Medler Electric CompanyESOP

MEDLER ELECTRIC COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · ALMA, MI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Medler Electric Company reported $37,766 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $14,167 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 0.21% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 876th-largest of 2,619 plans among Michigan employers on file, and the 1,562nd of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$25,323,330
Participants with balances137
Active participants127
Employer contributions$1,799,261
Employee contributions—
Employer contribution per active participant$14,167
Average account balance$184,842
Benefits paid to participants$1,888,125
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 137 accts · $1.8M emplr
2023$23.1M · 132 accts · $1.8M emplr
2022$19.5M · 164 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Investment management$32,554
Total administrative$37,766
Employer contributions to the Medler Electric Company plan · 2024
Employer contribution per active participant$14,167
Median for plans this size$2,416
2024$14,167 per active participant
2023$13,542 per active participant
2022$11,872 per active participant

Medler Electric Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan) · Investment management$18,403
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)$14,254

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$37,766 · 0.16%
2023$37,684 · 0.18%
2022$37,520 · 0.21%
Similar plansWholesale Trade · Michigan
Rowley Brothers, Inc MI$27.2M · 0.43%
Brighton Employment, Inc. MI$26.7M · 0.31%
Idn Global, Inc. MI$25.7M · 0.24%
Ewie Co., Inc. MI$24.5M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381655673 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.