Mid-Continent Instrument Co., Inc.401(k)
MID-CONTINENT INSTRUMENT CO, INC. PROFIT SHARING/401(K) P&T · WICHITA, KS · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Mid-Continent Instrument Co., Inc. reported $101,793 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,029 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 0.22% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 264th-largest of 828 plans among Kansas employers on file, and the 5,341st of 13,661 in manufacturing. In 2024, employees put in $2.45 for every $1.00 the employer contributed.
Mid-Continent Instrument Co., Inc.'s 2024 employer contribution ran above the $2,416 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 2024 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 751659238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.