Plan Ledger DOL Form 5500 · updated monthly

Midwest Landscape Industries401(k)

MIDWEST LANDSCAPE INDUSTRIES · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
1.33%

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

Midwest Landscape Industries reported $5,976 in plan administrative expenses for 2022: 1.33% of average plan assets, above the peer median. Employer contributions averaged $760 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 1.33% to 0.44%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (1,524th of 1,562), and 2,340th of 2,534 in administrative & support services. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$522,606
Participants with balances150
Active participants138
Employer contributions$104,947
Employee contributions$175,437
Employer contribution per active participant$760
Average account balance$3,484
Benefits paid to participants$91,621
Plan auditUnmodified (clean) audit opinion
AuditorCHARLES MADDEN PC
Plan history3
Yearassets · accounts · employer contribution
2024$171K · 93 accts · $607 emplr
2023$462K · 146 accts · $1K emplr
2022$523K · 150 accts · $105K emplr
The Midwest Landscape Industries 401(k) match · 2022
Employer contribution per active participant$760
Median for plans this size$331
2024$14 per active participant
2023$12 per active participant
2022$760 per active participant

Midwest Landscape Industries's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$1,377 · 0.44%
2023$8,011 · 1.63%
2022$5,976 · 1.33%
Similar plansAdministrative & Support Services · Indiana
Shares, Inc. IN$1.0M · 0.61%
Dx Enterprises, Inc. IN$716K · 0.79%
Jaspen LLC IN$143K · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 815094448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.