Plan Ledger DOL Form 5500 · updated monthly

Mill Industries Inc.401(k)

MILL INDUSTRIES 401(K) PLAN · SAN BRUNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Mill Industries Inc. reported $5,612 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,525th of 9,483), and 9,247th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$6,402,851
Participants with balances158
Active participants119
Employer contributions$0
Employee contributions$1,686,833
Employer contribution per active participant$0
Average account balance$40,524
Benefits paid to participants$528,459
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,508
Investment management$4,104
Total administrative$5,612
The Mill Industries Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Mill Industries Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
GUIDELINE, INC. · Plan administrator · Recordkeeping$5,024

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

Administrative cost history1
2024$5,612 · 0.11%
Same employer
Similar plansProfessional & Technical Services · California
Pliancy, Inc CA$6.5M · 0.10%
Ccs Design, Inc. CA$6.4M · 0.41%
Polysign, Inc. CA$6.4M · 0.61%
Marina Landscape, Inc. CA$6.4M · 0.81%
Ten Twenty Four Inc. CA$6.4M · 0.10%
Moravia IT, LLC CA$6.4M · 0.70%
World Surf League CA$6.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851361798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.