Plan Ledger DOL Form 5500 · updated monthly

Miniat Holdings LLC401(k)

MINIAT HOLDINGS LLC EMPLOYEES' PROFIT SHARING PLAN AND TRUST · SOUTH HOLLAND, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Miniat Holdings LLC reported $85,064 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. 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.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.18%. 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 962nd-largest of 3,702 plans among Illinois employers on file, and the 3,280th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$47,526,319
Participants with balances228
Active participants187
Employer contributions$0
Employee contributions$1,291,673
Employer contribution per active participant$0
Average account balance$208,449
Benefits paid to participants$6,642,749
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.5M · 228 accts
2023$45.9M · 250 accts · $318K emplr
2022$44.7M · 252 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,889
Investment management$39,175
Total administrative$85,064
The Miniat Holdings LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$1,617 per active participant
2022$7,483 per active participant

Miniat Holdings LLC'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
OSAIC WEALTH INC · Investment advisory (plan)$38,300
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,123

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$85,064 · 0.18%
2023$135,274 · 0.30%
2022$27,423 · 0.06%
Same employer
Similar plansManufacturing · Illinois
Alpha Baking Co., Inc. IL$47.7M · 0.19%
Af Holding Co. IL$47.6M · 0.36%
Suncast Corporation IL$47.5M · 0.25%
Bodine Electric Company IL$47.1M · 0.01%
Ventra Sandusky, LLC IL$46.9M · 0.22%
Red Bud Industries, Inc. IL$46.7M · 0.24%
Thybar Corporation IL$46.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463958921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.