Melgar Facility Maintenance LLC dba Mfm Industries401(k)

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

Melgar Facility Maintenance LLC dba Mfm Industries reported $37,585 in plan administrative expenses for 2024: 3.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $151 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 3.52% to 3.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (5,228th of 5,688), and 2,152nd of 2,534 in administrative & support services. In 2024, the employer put in $7.37 for every $1.00 employees contributed themselves; active participation has grown from 1,104 to 1,255 since 2022.