Plan Ledger DOL Form 5500 · updated monthly

Midwest Sterilization Corp401(k)

MIDWEST STERILIZATION CORP 401(K) PLAN · JACKSON, MO · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Midwest Sterilization Corp reported $32,774 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,311 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 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Missouri (1,165th of 1,393), and 1,668th of 2,534 in administrative & support services. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,442,329
Participants with balances222
Active participants229
Employer contributions$300,129
Employee contributions$752,684
Employer contribution per active participant$1,311
Average account balance$15,506
Benefits paid to participants$158,441
Plan auditUnmodified (clean) audit opinion
AuditorRUBINBROWNLLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 222 accts · $300K emplr
2023$2.2M · 222 accts · $269K emplr
2022$1.2M · 228 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,774
Total administrative$32,774
The Midwest Sterilization Corp 401(k) match · 2024
Employer contribution per active participant$1,311
Median for plans this size$1,313
2024$1,311 per active participant
2023$1,281 per active participant
2022$1,173 per active participant

Midwest Sterilization Corp's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$32,773
THE DANIEL & HENRY CO · Other servicesindirect comp

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

Administrative cost history3
2024$32,774 · 1.16%
2023$20,358 · 1.17%
2022$11,002 · 1.14%
Same employer
Similar plansAdministrative & Support Services · Missouri
Pestco, LLC MO$6.1M · 0.36%
Clean-Tech Company MO$2.1M · 2.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431317337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.