Plan Ledger DOL Form 5500 · updated monthly

Molded Rubber & Plastic Corporation401(k)

MOLDED RUBBER & PLASTIC 401(K) SALARY REDUCTION PLAN · BUTLER, WI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Molded Rubber & Plastic Corporation reported $26,772 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,791 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 0.23%. 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 among the smaller plans on file in Wisconsin (1,180th of 1,936), and 8,030th of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,017,736
Participants with balances209
Active participants217
Employer contributions$388,591
Employee contributions$826,446
Employer contribution per active participant$1,791
Average account balance$57,501
Benefits paid to participants$2,417,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 209 accts · $389K emplr
2023$11.5M · 216 accts · $366K emplr
2022$10.7M · 190 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,560
Total administrative$26,772
The Molded Rubber & Plastic Corporation 401(k) match · 2024
Employer contribution per active participant$1,791
Median for plans this size$2,416
2024$1,791 per active participant
2023$1,600 per active participant
2022$1,478 per active participant

Molded Rubber & Plastic Corporation'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 · 20244
SIKICH CPA LLC$13,000
SIKICH LLP$6,525
PENSION CONSULTANTS CO., INC. · Contract administrator$5,899
CAPITAL GROUP RETIREMENT PLAN SVCS$1,263

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$26,772 · 0.23%
2023$17,357 · 0.16%
2022$8,418 · 0.07%
Same employer
Similar plansManufacturing · Wisconsin
Muth Mirror Systems LLC WI$12.2M · 0.31%
Salm Partners, LLC WI$12.0M · 0.84%
Schmitz Ready Mix, Inc. WI$12.0M · 0.50%
Tj Hale Company, LLC WI$11.7M · 0.39%
Household Utilities Inc WI$11.7M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390504940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.