Plan Ledger DOL Form 5500 · updated monthly

Mistras Group, Inc.401(k)

MISTRAS GROUP, INC. SALARY SAVINGS PLAN · PRINCETON JUNCTION, NJ · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Mistras Group, Inc. reported $294,863 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,366 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 0.05% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 225th-largest of 2,419 plans among New Jersey employers on file, and the 1,162nd of 13,661 in manufacturing. In 2024, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$201,445,178
Participants with balances2,209
Active participants3,067
Employer contributions$4,190,847
Employee contributions$13,273,076
Employer contribution per active participant$1,366
Average account balance$91,193
Benefits paid to participants$33,093,777
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLO AND ASOCIATES LLC
Plan history3
Yearassets · accounts · employer contribution
2024$201.4M · 2,209 accts · $4.2M emplr
2023$191.3M · 2,351 accts · $3.8M emplr
2022$168.5M · 2,436 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,130
Investment management$154,733
Total administrative$294,863
The Mistras Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,366
Median for plans this size$3,635
2024$1,366 per active participant
2023$1,235 per active participant
2022$924 per active participant

Mistras Group, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Loan processing · Recordkeeping$140,130
CAPFINANCIAL PARTNERS LLC DBA CAPTR$100,600
CAPITAL MANAGEMENT ENTERPRISES LLC · Investment advisory (participants)$54,133

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

Recordkeeper by year2
2024Empower
2023Empower, The Standard

This plan has changed recordkeepers within these filings. If you left Mistras Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$294,863 · 0.15%
2023$174,679 · 0.10%
2022$91,901 · 0.05%
Same employer
Similar plansManufacturing · New Jersey
Mannington Mills, Inc. NJ$210.2M · 0.23%
Croda Inc. NJ$208.5M · 0.00%
Ferrero U.S.A., Inc. NJ$197.7M · 0.07%
J & J Snack Foods Corp. NJ$176.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223341267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.