Plan Ledger DOL Form 5500 · updated monthly

Mellott Company, LLC401(k)

MELLOTT COMPANY 401(K) PLAN · WARFORDSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Mellott Company, LLC reported $41,269 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,947 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 0.12% to 0.15%. 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 1,228th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,417th of 4,246 in wholesale trade. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 232 to 365 since 2022.

Plan summary
Net assets, end of year$28,505,284
Participants with balances311
Active participants365
Employer contributions$710,557
Employee contributions$1,578,775
Employer contribution per active participant$1,947
Average account balance$91,657
Benefits paid to participants$4,100,980
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 311 accts · $711K emplr
2023$26.4M · 273 accts · $490K emplr
2022$21.3M · 194 accts · $455K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,856
Investment management$5,413
Total administrative$41,269
The Mellott Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,947
Median for plans this size$2,416
2024$1,947 per active participant
2023$1,616 per active participant
2022$1,960 per active participant

Mellott Company, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,856
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,413

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$41,269 · 0.15%
2023$31,072 · 0.13%
2022$31,842 · 0.12%
Same employer
Similar plansWholesale Trade · Pennsylvania
Bradley Caldwell, Inc. PA$30.1M · 0.29%
Amercareroyal, LLC. PA$28.7M · 0.26%
Liberty Tire Services, LLC PA$28.3M · 0.40%
H&K Equipment, Inc PA$28.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231415787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.