Hughes PetersESOP
MJO INDUSTRIES EMPLOYEE STOCK OWNERSHIP PLAN · HUBER HEIGHTS, OH · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Hughes Peters reported $500 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,578 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 1 year on file its reported administrative ratio rose from 0.003% to 0.004%. 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 1,557th-largest of 3,295 plans among Ohio employers on file, and 2,297th of 4,246 in wholesale trade.
Hughes Peters's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 251841702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.