Plan Ledger DOL Form 5500 · updated monthly

Mertz Manufacturing, Inc.401(k)

MERTZ MANUFACTURING, INC. SAVINGS AND RETIREMENT PLAN AND TRUST · PONCA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Mertz Manufacturing, Inc. reported $20,728 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $814 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 0.29%. 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 Oklahoma (472nd of 724), and 10,049th of 13,661 in manufacturing. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 214 to 246 since 2022.

Plan summary
Net assets, end of year$7,205,144
Participants with balances342
Active participants246
Employer contributions$200,356
Employee contributions$550,977
Employer contribution per active participant$814
Average account balance$21,068
Benefits paid to participants$1,256,992
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$7.2M · 342 accts · $200K emplr
2023$7.0M · 258 accts · $182K emplr
2022$6.5M · 252 accts · $183K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$728
Investment management$20,000
Total administrative$20,728
The Mertz Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$814
Median for plans this size$1,313
2024$814 per active participant
2023$748 per active participant
2022$856 per active participant

Mertz Manufacturing, Inc.'s 2024 employer contribution ran below 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 · 20242
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$20,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$728

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

Administrative cost history4
2025Not separately reported
2024$20,728 · 0.29%
2023$19,188 · 0.29%
2022$19,718 · 0.28%
Same employer
Similar plansManufacturing · Oklahoma
Big V Feeds, Inc. OK$7.8M · 0.01%
Pelco Products, Inc. OK$7.6M · 0.98%
Sundowner Trailers, Inc. OK$7.2M · 0.10%
Cmp Corporation OK$7.1M · 0.33%
Wilnat, Inc. OK$6.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550830804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.