Plan Ledger DOL Form 5500 · updated monthly

Mercury Wire Products, Inc.401(k)

MERCURY WIRE PRODUCTS, INC. 401(K)/PROFIT SHARING PLAN · SPENCER, MA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Mercury Wire Products, Inc. reported $46,630 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,347 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,851st of 2,726), and 8,530th of 13,661 in manufacturing. In 2024, employees put in $3.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,591,207
Participants with balances137
Active participants121
Employer contributions$162,962
Employee contributions$519,326
Employer contribution per active participant$1,347
Average account balance$77,308
Benefits paid to participants$421,632
Plan auditUnmodified (clean) audit opinion
AuditorBOLLUS LYNCH, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 137 accts · $163K emplr
2023$9.1M · 135 accts · $149K emplr
2022$7.6M · 138 accts · $140K emplr
The Mercury Wire Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,347
Median for plans this size$1,313
2024$1,347 per active participant
2023$1,284 per active participant
2022$1,203 per active participant

Mercury Wire Products, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$20,000
EMPOWER ADVISORY GROUP · Investment management$3,193
THE ANGELL PENSION GROUP, INC. · Contract administratorindirect comp

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$46,630 · 0.47%
2023$40,003 · 0.48%
2022$39,414 · 0.48%
Same employer
Similar plansManufacturing · Massachusetts
Bomco, Inc. MA$10.8M · 0.32%
Oxford Biomedica Solutions MA$10.8M · 0.56%
Gp&C Operations LLC. MA$10.8M · 0.45%
Transom Post Opco, LLC MA$10.7M · 0.77%
Polycarbon Industries, Inc. MA$10.6M · 0.03%
Walpole Outdoors MA$10.6M · 0.50%
Lyn Lad Group, LTD MA$10.6M · 0.33%
Crrc Ma Corporation MA$10.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042395152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.