Plan Ledger DOL Form 5500 · updated monthly

Milco Manufacturing Company401(k)

MILCO MFG CO & WELFORM ELECTRODE 401(K) PLAN · WARREN, MI · plan year 2022

Reported admin expense ratio · 2022
0.29%

Milco Manufacturing Company reported $13,913 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. 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 manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,080th of 2,619), and 11,541st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,369,038
Participants with balances80
Active participants73
Employer contributions—
Employee contributions$199,746
Employer contribution per active participant—
Average account balance$54,613
Benefits paid to participants$259,693
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,913
Total administrative$13,913
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 history1
2022$13,913 · 0.29%
Similar plansManufacturing · Michigan
Nuvar, Inc. MI$4.6M · 0.03%
Gielow Pickles, Inc. MI$4.5M · 0.15%
W International Sc, LLC MI$4.3M · 1.89%
Hazekamp Meats MI$4.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381812273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.