Plan Ledger DOL Form 5500 · updated monthly

Monti, Inc.401(k)

MONTI, INC. SAVINGS & INCENTIVE PLAN & TRUST · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Monti, Inc. reported $90,920 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,805 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. 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 1,048th-largest of 3,295 plans among Ohio employers on file, and the 4,842nd of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 283 to 400 since 2022.

Plan summary
Net assets, end of year$27,188,662
Participants with balances346
Active participants400
Employer contributions$1,122,172
Employee contributions$1,356,232
Employer contribution per active participant$2,805
Average account balance$78,580
Benefits paid to participants$1,949,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 346 accts · $1.1M emplr
2023$22.9M · 303 accts · $847K emplr
2022$17.8M · 294 accts · $676K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,436
Investment management$29,484
Total administrative$90,920
The Monti, Inc. 401(k) match · 2024
Employer contribution per active participant$2,805
Median for plans this size$2,416
2024$2,805 per active participant
2023$2,622 per active participant
2022$2,389 per active participant

Monti, Inc.'s 2024 employer contribution ran above 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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$63,756
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$29,484

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$90,920 · 0.36%
2023$69,914 · 0.34%
2022$66,864 · 0.35%
Same employer
Similar plansManufacturing · Ohio
Beckett Gas, Inc. OH$27.6M · 0.11%
St. Bernard Soap Company OH$27.4M · 0.36%
Hitachi Astemo Americas OH$27.1M · 0.47%
Pubco Corporation OH$27.1M · 0.37%
J. E. Grote Company, Inc. OH$27.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310811428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.