Plan Ledger DOL Form 5500 · updated monthly

Mesker Mbm LP401(k)

MESKER MBM 401(K) PLAN · HUNTSVILLE, AL · plan year 2025

Reported admin expense ratio · 2025
1.93%

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

Mesker Mbm LP reported $62,908 in plan administrative expenses for 2025: 1.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11 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 rose from 0.06% to 1.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (703rd of 902), and 11,959th of 13,661 in manufacturing. In 2025, employees put in $291.15 for every $1.00 the employer contributed; active participation has shrunk from 273 to 208 since 2022.

Plan summary
Net assets, end of year$3,592,492
Participants with balances255
Active participants208
Employer contributions$2,239
Employee contributions$651,894
Employer contribution per active participant$11
Average account balance$14,088
Benefits paid to participants$465,528
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$3.6M · 255 accts · $2K emplr
2024$2.9M · 328 accts · $316K emplr
2023$2.0M · 266 accts · $394K emplr
2022$356K · 213 accts · $116K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$55,926
Investment management$176
Total administrative$62,908
The Mesker Mbm LP 401(k) match · 2025
Employer contribution per active participant$11
Median for plans this size$1,464
2025$11 per active participant
2024$1,503 per active participant
2023$1,775 per active participant
2022$426 per active participant

Mesker Mbm LP's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
ONEDIGITAL TOPCO LLCindirect comp

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

Administrative cost history4
2025$62,908 · 1.93%
2024$42,322 · 1.71%
2023$20,213 · 1.71%
2022$225 · 0.06%
Same employer
Similar plansManufacturing · Alabama
Kabco Builders, Inc. AL$4.1M · 0.09%
Das North America, Inc. AL$3.8M · 2.04%
R.L. Zeigler Co., Inc. AL$3.5M · 0.09%
Pha America Inc AL$3.4M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881944901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.