Plan Ledger DOL Form 5500 · updated monthly

Mid-South Wire Company401(k)

MID-SOUTH WIRE COMPANY PROFIT SHARING PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Mid-South Wire Company reported $10,224 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,051 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 0.04% to 0.06%. 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 563rd-largest of 1,496 plans among Tennessee employers on file, and the 6,033rd of 13,661 in manufacturing. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,486,934
Participants with balances271
Active participants208
Employer contributions$426,657
Employee contributions$654,852
Employer contribution per active participant$2,051
Average account balance$71,908
Benefits paid to participants$618,338
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 271 accts · $427K emplr
2023$16.9M · 258 accts · $483K emplr
2022$13.9M · 261 accts · $441K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,128
Investment management$4,096
Total administrative$10,224
The Mid-South Wire Company 401(k) match · 2024
Employer contribution per active participant$2,051
Median for plans this size$2,416
2024$2,051 per active participant
2023$2,381 per active participant
2022$2,182 per active participant

Mid-South Wire Company's 2024 employer contribution ran below 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.

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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$3,642
EMPOWER ADVISORY GROUP, LLC · Investment management$454

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

Administrative cost history3
2024$10,224 · 0.06%
2023$32,857 · 0.21%
2022$5,608 · 0.04%
Similar plansManufacturing · Tennessee
Card-Monroe Corp. TN$20.9M · 0.26%
Uster Technologies, Inc. TN$20.4M · 0.03%
Reinhausen Manufacturing TN$20.0M · 0.42%
Regent Holding Company, LLC TN$19.4M · 0.03%
The Vincit Company, LLC TN$19.2M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620755853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.