Plan Ledger DOL Form 5500 · updated monthly

Miraclon CorporationDC plan

MIRACLON RETIREMENT SAVINGS PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Miraclon Corporation reported $3,182 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,877 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 0.01% to 0.02%. 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 2,388th-largest of 5,648 plans among New York employers on file, and the 5,587th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,903,984
Participants with balances200
Active participants175
Employer contributions$678,501
Employee contributions$1,246,929
Employer contribution per active participant$3,877
Average account balance$109,520
Benefits paid to participants$2,203,634
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 200 accts · $679K emplr
2023$19.0M · 187 accts · $634K emplr
2022$14.6M · 196 accts · $653K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,182
Total administrative$3,182
Employer contributions to the Miraclon Corporation plan · 2024
Employer contribution per active participant$3,877
Median for plans this size$2,416
2024$3,877 per active participant
2023$3,892 per active participant
2022$3,842 per active participant

Miraclon Corporation'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$3,182 · 0.02%
2023$2,275 · 0.01%
2022$2,170 · 0.01%
Same employer
Similar plansManufacturing · New York
Arrow Gear LLC NY$22.2M · 0.03%
Zwilling J.A. Henckels, LLC NY$22.1M · 0.24%
Acme Smoked Fish Corp. NY$22.1M · 0.64%
Mystic, Inc. NY$22.1M · 0.17%
V.J. Technologies, Inc. NY$21.9M · 0.31%
Nortera Foods USA Inc. NY$21.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474464452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.