Plan Ledger DOL Form 5500 · updated monthly

Moeller Mfg. Company LLC401(k)

MOELLER ENTERPRISES 401(K) PLAN · WIXOM, MI · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Moeller Mfg. Company LLC reported $94,156 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,338 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 0.54% to 0.63%. 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 1,168th-largest of 2,619 plans among Michigan employers on file, and the 6,624th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,741,667
Participants with balances337
Active participants287
Employer contributions$671,031
Employee contributions$1,406,665
Employer contribution per active participant$2,338
Average account balance$49,679
Benefits paid to participants$1,003,963
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 337 accts · $671K emplr
2023$13.1M · 326 accts · $641K emplr
2022$10.4M · 318 accts · $597K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,665
Audit (IQPA)$22,491
Total administrative$94,156
The Moeller Mfg. Company LLC 401(k) match · 2024
Employer contribution per active participant$2,338
Median for plans this size$2,416
2024$2,338 per active participant
2023$2,242 per active participant
2022$2,110 per active participant

Moeller Mfg. Company LLC's 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$74,220
PLANTE & MORAN, PLLC · Accounting / audit$22,491

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$94,156 · 0.63%
2023$64,802 · 0.55%
2022$61,931 · 0.54%
All plans at this employer2
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Same employer
Similar plansManufacturing · Michigan
Tribus Aerospace Corp. MI$16.9M · 0.46%
Sumida America Inc. MI$16.8M · 0.65%
Rjg Technologies, Inc. MI$16.8M · 0.35%
Uniloy, Inc. MI$16.5M · 0.40%
Eftec North America LLC MI$16.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381723023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.