Plan Ledger DOL Form 5500 · updated monthly

Mitchell Metal Products, Inc.Profit-sharing plan

MITCHELL METAL PRODUCTS, INC. PROFIT SHARING PLAN · KOSCIUSKO, MS · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Mitchell Metal Products, Inc. reported $70 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,399 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 0.004% to 0.003%. 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 (313th of 367), and 12,748th of 13,661 in manufacturing. active participation has grown from 130 to 143 since 2022.

Plan summary
Net assets, end of year$2,171,613
Participants with balances156
Active participants143
Employer contributions$200,000
Employee contributions—
Employer contribution per active participant$1,399
Average account balance$13,921
Benefits paid to participants$63,997
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 156 accts · $200K emplr
2023$1.8M · 145 accts · $200K emplr
2022$1.7M · 134 accts · $200K emplr
Administrative expenses, itemized · 2024
Investment management$70
Total administrative$70
Employer contributions to the Mitchell Metal Products, Inc. plan · 2024
Employer contribution per active participant$1,399
Median for plans this size$1,313
2024$1,399 per active participant
2023$1,471 per active participant
2022$1,538 per active participant

Mitchell Metal Products, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024$70 · 0.00%
2023$10 · 0.00%
2022$70 · 0.00%
Similar plansManufacturing · Mississippi
Mississippi Silicon LLC MS$2.5M · 0.17%
C & W Embroidery, Inc. MS$2.4M · 0.78%
Max Home, LLC MS$2.2M · 0.88%
Warmkraft, Inc. MS$1.5M · 2.04%
Ims Logistics, LLC MS$930K · 1.12%
Natureplex, LLC MS$575K · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640504142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.