Plan Ledger DOL Form 5500 · updated monthly

Midwest Cooling Tower Services, LLC401(k)

MIDWEST COOLING TOWER SERVICES, LLC 401(K) PLAN · KROTZ SPRINGS, LA · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Midwest Cooling Tower Services, LLC reported $41,628 in plan administrative expenses for 2022: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,157 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (519th of 884), and 3,486th of 5,337 in construction. In 2022, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,464,515
Participants with balances112
Active participants238
Employer contributions$275,481
Employee contributions$601,097
Employer contribution per active participant$1,157
Average account balance$66,647
Benefits paid to participants$190,659
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMPER, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$7.5M · 112 accts · $275K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,148
Investment management$7,480
Total administrative$41,628
The Midwest Cooling Tower Services, LLC 401(k) match · 2022
Employer contribution per active participant$1,157
Median for plans this size$1,114

Midwest Cooling Tower Services, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$41,628 · 0.54%
Same employer
Similar plansConstruction · Louisiana
Group Industries, LLC LA$8.6M · 0.08%
Tanner Services, LLC LA$8.3M · 0.92%
Aqueos Corporation LA$7.7M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 465088835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.