Plan Ledger DOL Form 5500 · updated monthly

Mississippi Silicon LLC401(k)

MISSISSIPPI SILICON 401(K) PLAN · BURNSVILLE, MS · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Mississippi Silicon LLC reported $3,845 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,311 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 0.31% to 0.17%. 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 Mississippi (301st of 367), and 12,558th of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,510,746
Participants with balances128
Active participants118
Employer contributions$154,703
Employee contributions$343,293
Employer contribution per active participant$1,311
Average account balance$19,615
Benefits paid to participants$412,331
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 128 accts · $155K emplr
2023$2.1M · 118 accts · $140K emplr
2022$1.7M · 128 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,845
Total administrative$3,845
The Mississippi Silicon LLC 401(k) match · 2024
Employer contribution per active participant$1,311
Median for plans this size$1,313
2024$1,311 per active participant
2023$1,126 per active participant
2022$1,226 per active participant

Mississippi Silicon LLC'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$3,845

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$3,845 · 0.17%
2023$3,846 · 0.20%
2022$5,495 · 0.31%
Same employer
Similar plansManufacturing · Mississippi
Behold Washington MS$2.7M · 0.30%
The Essmueller Company MS$2.7M · 0.91%
Hankins Lumber Co. Inc. MS$2.5M · 0.79%
C & W Embroidery, Inc. MS$2.4M · 0.78%
Max Home, LLC MS$2.2M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274968457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.