Plan Ledger DOL Form 5500 · updated monthly

Millwood, Inc.401(k)

MILLWOOD, INC 401K PROFIT SHARING PLAN · VIENNA, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Millwood, Inc. reported $196,889 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $364 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 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 889th-largest of 3,295 plans among Ohio employers on file, and the 4,088th of 13,661 in manufacturing. In 2024, employees put in $5.74 for every $1.00 the employer contributed; active participation has grown from 1,395 to 1,687 since 2022.

Plan summary
Net assets, end of year$34,224,052
Participants with balances1,309
Active participants1,687
Employer contributions$613,422
Employee contributions$3,519,633
Employer contribution per active participant$364
Average account balance$26,145
Benefits paid to participants$2,699,122
Plan auditUnmodified (clean) audit opinion
AuditorO'CONNOR, HOSO & LOREE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 1,309 accts · $613K emplr
2023$29.1M · 1,057 accts · $528K emplr
2022$25.5M · 1,001 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,945
Investment management$59,944
Total administrative$196,889
The Millwood, Inc. 401(k) match · 2024
Employer contribution per active participant$364
Median for plans this size$2,416
2024$364 per active participant
2023$366 per active participant
2022$322 per active participant

Millwood, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$136,945
FIRST NATIONAL TRUST COMPANY · Investment advisory (plan)$59,944

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$196,889 · 0.62%
2023$175,269 · 0.64%
2022$165,872 · 0.61%
Same employer
Similar plansManufacturing · Ohio
The M. K. Morse Company OH$34.7M · 0.14%
New Sabina Industries, Inc. OH$34.5M · 0.09%
Agrana Fruit US, Inc. OH$34.2M · 0.30%
Mssl Wiring System Inc. OH$34.1M · 0.32%
Polymer Additives, Inc. OH$34.0M · 0.43%
Capsa Solutions, LLC OH$33.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341725500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.