Miba Hydramechanica Corporation401(k)

Miba Hydramechanica Corporation's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,915,540 across 96 participant accounts, with employer contributions averaging $1,591 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,143rd of 2,619), and 11,786th of 13,661 in manufacturing. In 2022, employees put in $1.58 for every $1.00 the employer contributed.