Plan Ledger DOL Form 5500 · updated monthly

Merlin Industries, Inc.401(k)

MERLIN INDUSTRIES, INC. 401(K) PLAN · HAMILTON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Merlin Industries, Inc. reported $32,472 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,012 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 0.23% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,299th of 2,419), and 7,418th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,905,832
Participants with balances166
Active participants297
Employer contributions$300,681
Employee contributions$557,532
Employer contribution per active participant$1,012
Average account balance$83,770
Benefits paid to participants$1,149,894
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 166 accts · $301K emplr
2023$12.5M · 151 accts · $254K emplr
2022$11.3M · 141 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,180
Investment management$29,292
Total administrative$32,472
The Merlin Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,012
Median for plans this size$2,416
2024$1,012 per active participant
2023$900 per active participant
2022$1,179 per active participant

Merlin Industries, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$29,291
ADP, INC. · Loan processing · Recordkeeping$3,180
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,472 · 0.25%
2023$30,189 · 0.25%
2022$27,130 · 0.23%
Similar plansManufacturing · New Jersey
Turning Point Therapeutics NJ$14.3M · 0.47%
Martin Bauer, Inc. NJ$14.1M · 0.38%
Delco Apparel LLC NJ$14.1M · 0.40%
Sml (USA), Inc. NJ$13.8M · 0.59%
Colart Americas, Inc. NJ$13.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222896157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.