Plan Ledger DOL Form 5500 · updated monthly

Mid-States Bolt & Screw Co.401(k)

MID-STATES BOLT & SCREW, LLC 401(K) PLAN & TRUST · BURTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Mid-States Bolt & Screw Co. reported $118,189 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,202 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,011th-largest of 2,619 plans among Michigan employers on file, and the 1,830th of 4,246 in wholesale trade. In 2024, employees put in $3.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,792,134
Participants with balances263
Active participants274
Employer contributions$329,222
Employee contributions$1,136,208
Employer contribution per active participant$1,202
Average account balance$79,058
Benefits paid to participants$4,080,370
Plan auditUnmodified (clean) audit opinion
AuditorLEWIS & KNOPF, CPAS
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,559
Investment management$72,822
Total administrative$118,189
The Mid-States Bolt & Screw Co. 401(k) match · 2024
Employer contribution per active participant$1,202
Median for plans this size$2,416

Mid-States Bolt & Screw Co.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MILLIMAN, INC. · Recordkeeping · Loan processing$42,559
CAPTRUST INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$73,582
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect 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
2024Milliman
2023Milliman

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

Administrative cost history1
2024$118,189 · 0.61%
All plans at this employer2
MID-STATES BOLT & SCREW CO. HOURLY EMPLOYEES' 401(K) PLAN & TRUST401(k)
MID-STATES BOLT & SCREW, LLC 401(K) PLAN & TRUST401(k)
Same employer
Similar plansWholesale Trade · Michigan
Fka Distributing Co., LLC MI$21.7M · 0.35%
Alpine Power Systems, Inc. MI$21.5M · 0.01%
H & P Technologies, Inc. MI$21.4M · 0.34%
Terminal Supply Co. MI$20.5M · 0.05%
Rassini International, Inc. MI$20.0M · 0.69%
O & W, Inc. MI$18.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382095876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.