Plan Ledger DOL Form 5500 · updated monthly

Monnig Global401(k)

MONNIG GLOBAL 401(K) PROFIT SHARING PLAN & TRUST · GLASGOW, MO · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Monnig Global reported $79,704 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,165 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 0.56% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Missouri (739th of 1,393), and 6,937th of 11,654 in professional & technical services. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,570,421
Participants with balances556
Active participants451
Employer contributions$976,418
Employee contributions$1,161,709
Employer contribution per active participant$2,165
Average account balance$24,407
Benefits paid to participants$1,532,022
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS-KEEPERS LLC
Plan history2
Yearassets · accounts · employer contribution
2024$13.6M · 556 accts · $976K emplr
2023$11.7M · 646 accts · $685K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,656
Investment management$26,048
Total administrative$79,704
The Monnig Global 401(k) match · 2024
Employer contribution per active participant$2,165
Median for plans this size$2,416
2024$2,165 per active participant
2023$1,912 per active participant

Monnig Global'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,656
CENTRAL TRUST COMPANY · Investment advisory (plan)$26,048

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

Administrative cost history2
2024$79,704 · 0.63%
2023$60,006 · 0.56%
Similar plansProfessional & Technical Services · Missouri
Ariel Premium Supply, Inc. MO$15.3M · 0.31%
Trekk Design Group LLC MO$14.2M · 0.12%
Kelly Mitchell Group, Inc. MO$13.7M · 0.56%
Environmental Works, Inc. MO$12.7M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921391419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.