Plan Ledger DOL Form 5500 · updated monthly

Mohawk Fine Papers Inc.401(k)

THE MOHAWK FINE PAPERS INC. DEFINED CONTRIBUTION SAVINGS PLAN · COHOES, NY · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Mohawk Fine Papers Inc. reported $66,506 in plan administrative expenses for 2023: 0.09% of average plan assets, below the peer median. Employer contributions averaged $553 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 0.07% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 988th-largest of 5,648 plans among New York employers on file, and the 2,318th of 13,661 in manufacturing. In 2023, employees put in $11.09 for every $1.00 the employer contributed; active participation has shrunk from 361 to 301 since 2022.

Plan summary
Net assets, end of year$76,101,663
Participants with balances561
Active participants301
Employer contributions$166,323
Employee contributions$1,844,849
Employer contribution per active participant$553
Average account balance$135,654
Benefits paid to participants$12,835,727
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $37K emplr
2024$39.1M · 286 accts
2023$76.1M · 561 accts · $166K emplr
2022$75.3M · 629 accts · $754K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$66,506
Total administrative$66,506
The Mohawk Fine Papers Inc. 401(k) match · 2023
Employer contribution per active participant$553
Median for plans this size$3,659
2023$553 per active participant
2022$2,089 per active participant

Mohawk Fine Papers Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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.

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 · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$66,506
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year3
2025Transamerica
2024Transamerica
2023Transamerica

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Administrative cost history4
2025Not separately reported
2024$69,034 · 0.12%
2023$66,506 · 0.09%
2022$63,545 · 0.07%
All plans at this employer2
THE MOHAWK FINE PAPERS INC. 401(K) SAVINGS PLAN FOR MEMBERS OF THE UNITED STEELWORKERS UNION, LOCAL 390401(k)
THE MOHAWK FINE PAPERS INC. DEFINED CONTRIBUTION SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · New York
Medical Depot, Inc. NY$77.6M · 0.20%
Curbell, Inc NY$77.1M · 0.10%
Loar Group Inc. NY$76.2M · 0.19%
Steuben Foods, Inc. NY$75.4M · 0.23%
Mill-Max Mfg. Corp NY$73.6M · 0.26%
Fulton Group NA, Inc. NY$73.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 146075575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.