Plan Ledger DOL Form 5500 · updated monthly

Middleville Engineered Solutions, LLC401(k)

MIDDLEVILLE ENGINEERED SOLUTIONS, LLC · MIDDLEVILLE, MI · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Middleville Engineered Solutions, LLC reported $41,180 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $650 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,673rd of 2,619), and 9,525th of 13,661 in manufacturing. In 2023, employees put in $7.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,329,454
Participants with balances163
Active participants130
Employer contributions$84,552
Employee contributions$612,969
Employer contribution per active participant$650
Average account balance$51,101
Benefits paid to participants$257,450
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2025$8.3M · 145 accts · $83K emplr
2024$6.4M · 144 accts · $81K emplr
2023$8.3M · 163 accts · $85K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,945
Investment management$13,410
Total administrative$41,180
The Middleville Engineered Solutions, LLC 401(k) match · 2023
Employer contribution per active participant$650
Median for plans this size$1,308
2025$701 per active participant
2024$672 per active participant
2023$650 per active participant

Middleville Engineered Solutions, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,945
STRATEGIES WEALTH ADVISORS · Investment advisory (plan)$11,036
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$7,199

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

Administrative cost history3
2025$39,796 · 0.54%
2024$40,430 · 0.55%
2023$41,180 · 0.56%
Same employer
Similar plansManufacturing · Michigan
Ebw Electronics, Inc. MI$8.4M · 0.80%
Dowding Industries, Inc. MI$8.4M · 0.43%
Rapid-Line, Inc. MI$8.3M · 0.30%
Our Next Energy, Inc. MI$8.3M · 1.07%
Borroughs, LLC MI$8.2M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 922394920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.