Plan Ledger DOL Form 5500 · updated monthly

Moran Industries Inc401(k)

MORAN INDUSTRIES INC 401(K) PROFIT SHARING PLAN & TRUST · WATSONTOWN, PA · plan year 2022

Reported admin expense ratio · 2022
0.84%

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

Moran Industries Inc reported $13,436 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $877 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (3,407th of 3,651), and 10,986th of 11,654 in professional & technical services. In 2022, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,702,735
Participants with balances85
Active participants172
Employer contributions$150,861
Employee contributions$225,203
Employer contribution per active participant$877
Average account balance$20,032
Benefits paid to participants$143,949
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY AND CO
Administrative expenses, itemized · 2022
Professional / advisory$790
Total administrative$13,436
The Moran Industries Inc 401(k) match · 2022
Employer contribution per active participant$877
Median for plans this size$1,114

Moran Industries Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,436 · 0.84%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Synergy Inspections, LLC PA$2.4M · 0.62%
Alpha Mills Corporation PA$2.1M · 1.21%
Hanes Erie, Inc. PA$1.9M · 0.95%
Clark Laboratories, LLC PA$1.7M · 0.89%
Pvr Technologies, Inc. PA$1.6M · 0.88%
Noblesoft Solutions, Inc. PA$1.6M · 0.43%
Rjc, Inc. PA$1.5M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232711171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.