Plan Ledger DOL Form 5500 · updated monthly

Mini-Systems, Inc.401(k)

MINI-SYSTEMS, INC. RETIREMENT PLAN · NO. ATTLEBORO, MA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Mini-Systems, Inc. reported $37,288 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,212 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 rose from 0.26% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,118th of 2,726), and 10,012th of 13,661 in manufacturing. In 2024, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,274,771
Participants with balances120
Active participants105
Employer contributions$127,244
Employee contributions$334,896
Employer contribution per active participant$1,212
Average account balance$60,623
Benefits paid to participants$457,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 120 accts · $127K emplr
2023$6.6M · 114 accts · $126K emplr
2022$5.4M · 109 accts · $112K emplr
The Mini-Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,212
Median for plans this size$1,313
2024$1,212 per active participant
2023$1,129 per active participant
2022$1,044 per active participant

Mini-Systems, Inc.'s 2024 employer contribution ran below the $1,313 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,092
THE ANGELL PENSION GROUP, INC. · Contract administrator$9,645

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$37,288 · 0.54%
2023$31,228 · 0.52%
2022$15,383 · 0.26%
Same employer
Similar plansManufacturing · Massachusetts
Table Talk Pies, Inc. MA$7.5M · 0.15%
Gp&C Operations LLC. MA$7.5M · 0.43%
Fire Equipment, Inc. MA$7.1M · 0.03%
Runtal North America, Inc MA$7.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042440008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.