Plan Ledger DOL Form 5500 · updated monthly

Montaplast of North America Inc401(k)

MONTAPLAST OF NORTH AMERICA INC 401(K) PLAN · FRANKFORT, KY · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Montaplast of North America Inc reported $43,534 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,059 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 fell from 0.10% to 0.09%. 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 130th-largest of 871 plans among Kentucky employers on file, and the 2,964th of 13,661 in manufacturing. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 1,012 to 1,432 since 2022.

Plan summary
Net assets, end of year$54,352,835
Participants with balances714
Active participants1,432
Employer contributions$1,516,699
Employee contributions$3,588,294
Employer contribution per active participant$1,059
Average account balance$76,124
Benefits paid to participants$4,349,490
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$54.4M · 714 accts · $1.5M emplr
2023$45.6M · 664 accts · $1.4M emplr
2022$37.9M · 639 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,044
Investment management$27,490
Total administrative$43,534
The Montaplast of North America Inc 401(k) match · 2024
Employer contribution per active participant$1,059
Median for plans this size$2,416
2024$1,059 per active participant
2023$1,221 per active participant
2022$1,293 per active participant

Montaplast of North America Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,490
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,044

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$43,534 · 0.09%
2023$43,483 · 0.10%
2022$45,045 · 0.10%
Same employer
Similar plansManufacturing · Kentucky
Lantech.com, LLC KY$62.8M · 0.11%
Rfc LLC KY$47.9M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 611229263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.