Plan Ledger DOL Form 5500 · updated monthly

Morito Scovill Americas, LLC401(k)

MORITO SCOVILL AMERICAS, LLC 401(K) PLAN · CLARKESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Morito Scovill Americas, LLC reported $22,511 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $550 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 0.19%. 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 Georgia (1,134th of 2,160), and 8,039th of 13,661 in manufacturing. In 2024, employees put in $4.54 for every $1.00 the employer contributed; active participation has shrunk from 125 to 108 since 2022.

Plan summary
Net assets, end of year$11,989,321
Participants with balances121
Active participants108
Employer contributions$59,406
Employee contributions$269,899
Employer contribution per active participant$550
Average account balance$99,085
Benefits paid to participants$1,496,669
Plan auditUnmodified (clean) audit opinion
AuditorBATES, CARTER AND CO.,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 121 accts · $59K emplr
2023$11.7M · 136 accts · $66K emplr
2022$11.3M · 142 accts · $73K emplr
Administrative expenses, itemized · 2024
Investment management$22,511
Total administrative$22,511
The Morito Scovill Americas, LLC 401(k) match · 2024
Employer contribution per active participant$550
Median for plans this size$2,416
2024$550 per active participant
2023$603 per active participant
2022$582 per active participant

Morito Scovill Americas, LLC'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
MORGAN STANLEY · Investment advisory (plan)$22,511

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$22,511 · 0.19%
2023$21,983 · 0.19%
2022$23,464 · 0.18%
Same employer
Similar plansManufacturing · Georgia
E.G.O North America, Inc. GA$12.6M · 0.72%
Possiblenow, Inc. GA$12.5M · 0.07%
Wayne Davis Concrete Co. GA$12.4M · 0.60%
1888 Mills, LLC GA$11.9M · 0.18%
Nidec Elesys Americas Corp. GA$11.5M · 0.29%
Nichiha U.S.A., Inc. GA$11.4M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452459488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.