Plan Ledger DOL Form 5500 · updated monthly

Miba Sinter USA, LLC401(k)

MIBA SINTER USA HOURLY 401K · MCCONNELSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Miba Sinter USA, LLC reported $13,777 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $1,696 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 rose from 0.29% to 0.30%. 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 Ohio (2,569th of 3,295), and 11,300th of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has shrunk from 162 to 139 since 2022.

Plan summary
Net assets, end of year$4,814,194
Participants with balances125
Active participants139
Employer contributions$235,687
Employee contributions$321,765
Employer contribution per active participant$1,696
Average account balance$38,514
Benefits paid to participants$585,467
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 125 accts · $236K emplr
2023$4.3M · 135 accts · $247K emplr
2022$3.4M · 129 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,698
Investment management$9,079
Total administrative$13,777
The Miba Sinter USA, LLC 401(k) match · 2024
Employer contribution per active participant$1,696
Median for plans this size$1,313
2024$1,696 per active participant
2023$1,320 per active participant
2022$1,529 per active participant

Miba Sinter USA, LLC's 2024 employer contribution ran above 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$9,079
ADP, INC. · Loan processing · Recordkeeping$4,697
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$13,777 · 0.30%
2023$9,610 · 0.25%
2022$10,039 · 0.29%
Similar plansManufacturing · Ohio
Mum Industries, Inc. OH$4.8M · 0.83%
Bunting Bearings, LLC OH$4.8M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262831109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.