Plan Ledger DOL Form 5500 · updated monthly

Miller Waste Mills, Inc.401(k)

MILLER WASTE MILLS, INC. 401(K) PLAN AND TRUST · WINONA, MN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Miller Waste Mills, Inc. reported $160,900 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,386 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 0.14% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 226th-largest of 1,918 plans among Minnesota employers on file, and the 1,564th of 13,661 in manufacturing. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$130,037,785
Participants with balances1,291
Active participants1,147
Employer contributions$2,736,316
Employee contributions$6,714,839
Employer contribution per active participant$2,386
Average account balance$100,726
Benefits paid to participants$12,035,725
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$130.0M · 1,291 accts · $2.7M emplr
2023$114.8M · 1,190 accts · $2.5M emplr
2022$101.6M · 1,186 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,928
Investment management$39,972
Total administrative$160,900
The Miller Waste Mills, Inc. 401(k) match · 2024
Employer contribution per active participant$2,386
Median for plans this size$3,635
2024$2,386 per active participant
2023$2,278 per active participant
2022$2,180 per active participant

Miller Waste Mills, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$120,928
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$39,972
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect 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$160,900 · 0.13%
2023$165,968 · 0.15%
2022$158,405 · 0.14%
Same employer
Similar plansManufacturing · Minnesota
Digi International, Inc. MN$143.1M · 0.09%
Hawkins, Inc. MN$138.8M · 0.11%
Jostens, Inc. MN$136.3M · 0.14%
Cemstone Products Company MN$129.0M · 0.25%
Datasite LLC MN$120.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410413230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.