Plan Ledger DOL Form 5500 · updated monthly

Midway Arms, Inc.401(k)

MIDWAY ARMS, INC. 401(K) RETIREMENT SAVINGS PLAN · COLUMBIA, MO · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Midway Arms, Inc. reported $75,564 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,853 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 fell from 0.21% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 329th-largest of 1,393 plans among Missouri employers on file, and the 668th of 5,215 in retail trade. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has shrunk from 378 to 298 since 2022.

Plan summary
Net assets, end of year$48,282,417
Participants with balances446
Active participants298
Employer contributions$850,246
Employee contributions$1,914,780
Employer contribution per active participant$2,853
Average account balance$108,257
Benefits paid to participants$5,236,611
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS KEEPERS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$48.3M · 446 accts · $850K emplr
2023$44.1M · 465 accts · $1.3M emplr
2022$37.2M · 504 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,049
Investment management$21,515
Total administrative$75,564
The Midway Arms, Inc. 401(k) match · 2024
Employer contribution per active participant$2,853
Median for plans this size$2,416
2024$2,853 per active participant
2023$4,259 per active participant
2022$4,482 per active participant

Midway Arms, 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.

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
ADP, INC. · Loan processing · Recordkeeping$54,049
SUNDVOLD FINANCIAL · Recordkeeping · Trustee$21,515
ADP BROKER-DEALERindirect 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
2024ADP, SUNDVOLD FINANCIAL
2023ADP, SUNDVOLD FINANCIAL

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

Administrative cost history3
2024$75,564 · 0.16%
2023$81,298 · 0.20%
2022$82,842 · 0.21%
Same employer
Similar plansRetail Trade · Missouri
Dierbergs Markets, Inc. MO$78.1M · 0.35%
Tlg Operations, LLC MO$71.1M · 0.09%
Schnuck Markets, Inc. MO$50.3M · 0.81%
Build-A-Bear Workshop, Inc. MO$44.0M · 0.36%
Wallis Companies MO$40.8M · 0.46%
Arrow Truck Sales, Inc. MO$38.9M · 0.06%
Etrailer Corporation MO$32.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431110390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.