Plan Ledger DOL Form 5500 · updated monthly

Modern Dispersions401(k)

MODERN DISPERSIONS, INC. 401(K) PLAN · LEOMINSTER, MA · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Modern Dispersions reported $59,661 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,531 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 0.33% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,395th of 2,726), and the 6,273rd of 13,661 in manufacturing. In 2023, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,302,656
Participants with balances200
Active participants223
Employer contributions$564,517
Employee contributions$879,682
Employer contribution per active participant$2,531
Average account balance$91,513
Benefits paid to participants$889,358
Plan auditUnmodified (clean) audit opinion
AuditorCARR RIGGS & INGRAM
Plan history2
Yearassets · accounts · employer contribution
2023$18.3M · 200 accts · $565K emplr
2022$15.3M · 201 accts · $502K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,661
Total administrative$59,661
The Modern Dispersions 401(k) match · 2023
Employer contribution per active participant$2,531
Median for plans this size$2,440
2023$2,531 per active participant
2022$2,656 per active participant

Modern Dispersions's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
TYLER ASSOCIATES INC · Recordkeepingindirect comp

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

Administrative cost history2
2023$59,661 · 0.36%
2022$54,539 · 0.33%
Same employer
Similar plansManufacturing · Massachusetts
Uniqure, Inc. MA$18.6M · 0.38%
Whoop Inc. MA$18.5M · 0.11%
Primo Medical Group, Inc. MA$18.5M · 0.20%
Edge One LLC MA$18.3M · 0.10%
Conformis, Inc. MA$18.1M · 0.62%
Scheidt & Bachmann USA Inc. MA$18.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042662239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.