Mgs Group North America, Inc.401(k)
MGS EMPLOYEE 401(K) PLAN · GERMANTOWN, WI · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Mgs Group North America, Inc. reported $60,219 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,242 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.
The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 393rd-largest of 1,936 plans among Wisconsin employers on file, and the 2,979th of 13,661 in manufacturing. In 2023, employees put in $3.26 for every $1.00 the employer contributed.
Mgs Group North America, Inc.'s 2023 employer contribution ran below the $3,659 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 391659416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.