Modern Welding Company, Inc.401(k)

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

Modern Welding Company, Inc. reported $109,217 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,617 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 205th-largest of 871 plans among Kentucky employers on file, and the 4,127th of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 315 to 370 since 2022.