Plan Ledger DOL Form 5500 · updated monthly

Miller Enterprises, Inc.ESOP

MILLER ENTERPRISES, INC. ESOP · BISMARCK, ND · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Miller Enterprises, Inc. reported $20 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,526 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 1 year on file its reported administrative ratio fell from 0.004% to 0.000%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 56th-largest of 279 plans among North Dakota employers on file, and the 1,115th of 5,337 in construction. active participation has grown from 265 to 367 since 2022.

Plan summary
Net assets, end of year$46,161,021
Participants with balances476
Active participants367
Employer contributions$927,150
Employee contributions—
Employer contribution per active participant$2,526
Average account balance$96,977
Benefits paid to participants$223,539
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.2M · 476 accts · $927K emplr
2023$22.0M · 407 accts · $806K emplr
2022$5.8M · 357 accts · $624K emplr
Employer contributions to the Miller Enterprises, Inc. plan · 2024
Employer contribution per active participant$2,526
Median for plans this size$2,416
2024$2,526 per active participant
2023$2,487 per active participant
2022$2,356 per active participant

Miller Enterprises, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$20 · 0.00%
2023$536 · 0.00%
2022Not separately reported
Similar plansConstruction · North Dakota
Fisher Sand & Gravel Co. ND$84.2M · 0.42%
Dakota Fence Company ND$34.2M · 0.24%
Industrial Builders, Inc. ND$30.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464824030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.