Plan Ledger DOL Form 5500 · updated monthly

Mizar Holding Company, Inc.401(k)

MIZAR HOLDING COMPANY, INC. 401(K) PROFIT SHARING PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Mizar Holding Company, Inc. reported $120,338 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,767 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 0.35% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,241st-largest of 3,702 plans among Illinois employers on file, and the 1,259th of 4,246 in wholesale trade. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,857,967
Participants with balances390
Active participants313
Employer contributions$1,179,180
Employee contributions$2,257,109
Employer contribution per active participant$3,767
Average account balance$84,251
Benefits paid to participants$3,111,768
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 390 accts · $1.2M emplr
2023$29.2M · 397 accts · $1.2M emplr
2022$25.7M · 395 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,338
Total administrative$120,338
The Mizar Holding Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,767
Median for plans this size$2,416
2024$3,767 per active participant
2023$3,630 per active participant
2022$3,559 per active participant

Mizar Holding Company, Inc.'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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$120,338
ALERA INVESTMENT ADVISORS, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$120,338 · 0.39%
2023$108,729 · 0.40%
2022$97,938 · 0.35%
Same employer
Similar plansWholesale Trade · Illinois
All Surfaces, Inc. IL$34.4M · 0.31%
Kuriyama of America IL$34.4M · 0.35%
Mdc Interior Solutions, LLC IL$33.5M · 0.19%
Weldstar Company IL$33.4M · 0.29%
Dsi Holding USA Inc. IL$31.9M · 0.39%
Envoy Solutions, LLC IL$31.4M · 0.30%
Marshall Associates, Inc. IL$30.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362673972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.