Plan Ledger DOL Form 5500 · updated monthly

Messer Inc.ESOP

MESSER INC. EMPLOYEE STOCK OWNERSHIP PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Messer Inc. reported $373,694 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,123 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 fell from 0.08% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 89th-largest of 3,295 plans among Ohio employers on file, and the 104th of 5,337 in construction.

Plan summary
Net assets, end of year$650,646,592
Participants with balances1,083
Active participants981
Employer contributions$2,083,148
Employee contributions—
Employer contribution per active participant$2,123
Average account balance$600,782
Benefits paid to participants$48,299,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$650.6M · 1,083 accts · $2.1M emplr
2023$576.5M · 1,002 accts · $2.1M emplr
2022$509.5M · 987 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,251
Investment management$205,292
Audit (IQPA)$28,500
Total administrative$373,694
Employer contributions to the Messer Inc. plan · 2024
Employer contribution per active participant$2,123
Median for plans this size$4,294
2024$2,123 per active participant
2023$2,297 per active participant
2022$2,309 per active participant

Messer Inc.'s 2024 employer contribution ran below the $4,294 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 · 20249
PRINCIPAL FINANCIAL GROUP · Recordkeeping$57,571
BLUERIDGE ESOP ASSOCIATES · Recordkeeping$16,050
JPMCB · Investment management$82,845
ALIX PARTNERS · Valuation$56,674
MARINER INSTITUTIONAL LLC · Investment management$47,500
SAWGRASS · Investment management$46,767
THE PLANTE & MORAN, PLLC · Other services$35,000
PNC · Custodial$28,181
TAFT, STETTINIUS & HOLLISTER · Legal$9,453

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

Recordkeeper by year2
2024BLUERIDGE ESOP ASSOCIATES, Principal
2023BLUERIDGE ESOP ASSOCIATES, Principal

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

Administrative cost history3
2024$373,694 · 0.06%
2023$320,986 · 0.06%
2022$379,841 · 0.08%
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Source: U.S. Department of Labor, Form 5500 series, EIN 201963972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.