Plan Ledger DOL Form 5500 · updated monthly

Microcast Technologies Corp401(k)

MICROCAST TECHNOLOGIES CORP 401(K) PLAN · LINDEN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Microcast Technologies Corp reported $8,282 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $185 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 $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 New Jersey (2,193rd of 2,419), and 13,133rd of 13,661 in manufacturing. In 2022, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,344,939
Participants with balances44
Active participants94
Employer contributions$17,379
Employee contributions$60,683
Employer contribution per active participant$185
Average account balance$30,567
Benefits paid to participants$2,548
Plan auditUnmodified (clean) audit opinion
AuditorBRIDGES, HORNING & CO., P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,401
Investment management$881
Total administrative$8,282
The Microcast Technologies Corp 401(k) match · 2022
Employer contribution per active participant$185
Median for plans this size$1,114

Microcast Technologies Corp's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,282 · 0.56%
Similar plansManufacturing · New Jersey
Pcs Wireless NJ$1.9M · 0.54%
Ruggiero Seafood, Inc. NJ$1.8M · 1.01%
Lotito Foods Holding, LLC NJ$1.4M · 0.50%
Orthofeet, Inc. NJ$1.1M · 0.31%
Patriot Pickle Inc. NJ$1.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223405577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.