Plan Ledger DOL Form 5500 · updated monthly

Melton Machine & Control Company401(k)

MELTON MACHINE & CONTROL COMPANY 401(K) PLAN · WASHINGTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Melton Machine & Control Company reported $4,356 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,819 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 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 233rd-largest of 1,393 plans among Missouri employers on file, and the 2,273rd of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$78,249,464
Participants with balances162
Active participants118
Employer contributions$450,648
Employee contributions$1,077,847
Employer contribution per active participant$3,819
Average account balance$483,021
Benefits paid to participants$5,300,880
Plan auditUnmodified (clean) audit opinion
AuditorRICK & SHANNAHAN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$78.2M · 162 accts · $451K emplr
2023$68.6M · 178 accts · $784K emplr
2022$55.2M · 168 accts · $452K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,356
Total administrative$4,356
The Melton Machine & Control Company 401(k) match · 2024
Employer contribution per active participant$3,819
Median for plans this size$3,635
2024$3,819 per active participant
2023$6,699 per active participant
2022$3,893 per active participant

Melton Machine & Control Company'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 · 20242
TRANSITION FINANCE STRATEGIES LLC D · Contract administrator$2,900
CAPITAL GROUP RETIREMENT SERVICES$1,456

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$4,356 · 0.01%
2023$2,362 · 0.00%
2022$2,138 · 0.00%
All plans at this employer2
MELTON MACHINE & CONTROL COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
MELTON MACHINE & CONTROL COMPANY 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Missouri
Curium US LLC MO$85.1M · 0.17%
Milbank Manufacturing Co. MO$85.1M · 0.18%
Delaval Inc. MO$81.8M · 0.13%
Ab Mauri Food Inc. MO$77.7M · 0.23%
Mark Andy, Inc. MO$75.4M · 0.15%
Pretium Packaging LLC MO$74.9M · 0.22%
Brewer Science, Inc. MO$73.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430993570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.