Plan Ledger DOL Form 5500 · updated monthly

Mid America Pipe Fabricating & Supply, LLC401(k)

MID AMERICA PIPE 401(K) PLAN · SCAMMON, KS · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Mid America Pipe Fabricating & Supply, LLC reported $20,071 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,256 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 Kansas (575th of 828), and 9,952nd of 13,661 in manufacturing. In 2022, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,386,034
Participants with balances99
Active participants117
Employer contributions$380,939
Employee contributions$380,939
Employer contribution per active participant$3,256
Average account balance$74,606
Benefits paid to participants$122,187
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$7.4M · 99 accts · $381K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,053
Professional / advisory$855
Total administrative$20,071
The Mid America Pipe Fabricating & Supply, LLC 401(k) match · 2022
Employer contribution per active participant$3,256
Median for plans this size$1,114

Mid America Pipe Fabricating & Supply, LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 history2
2023Not separately reported
2022$20,071 · 0.26%
Same employer
Similar plansManufacturing · Kansas
Kocher + Beck USA, L.P. KS$8.3M · 0.31%
Wichita Kenworth, Inc. KS$8.1M · 0.60%
Scott Specialties, Inc. KS$8.0M · 0.41%
Brown Industries, LLC KS$7.4M · 0.69%
Pkm Steel Service, Inc. KS$6.9M · 0.69%
Chance Rides, LLC KS$6.8M · 0.50%
Cashco, Inc. KS$6.6M · 0.32%
Superior Holding, Inc. KS$6.5M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481239713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.