Plan Ledger DOL Form 5500 · updated monthly

Morrell's Electro Plating Co., Inc.Profit-sharing plan

MORRELL'S ELECTRO PLATING CO., INC. PROFIT SHARING PLAN · COMPTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Morrell's Electro Plating Co., Inc. reported $13,075 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $5,192 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 rose from 0.18% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,971st of 9,483), and 11,144th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,100,731
Participants with balances108
Active participants105
Employer contributions$545,135
Employee contributions—
Employer contribution per active participant$5,192
Average account balance$47,229
Plan auditUnmodified (clean) audit opinion
AuditorGROBSTEIN TEEPLE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 108 accts · $545K emplr
2023$4.3M · 155 accts · $500K emplr
2022$3.8M · 162 accts · $180K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,075
Total administrative$13,075
Employer contributions to the Morrell's Electro Plating Co., Inc. plan · 2024
Employer contribution per active participant$5,192
Median for plans this size$1,313
2024$5,192 per active participant
2023$4,717 per active participant
2022$1,622 per active participant

Morrell's Electro Plating Co., Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MERRIL LYNCH · Investment management$13,030

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$13,075 · 0.28%
2023$7,659 · 0.19%
2022$7,264 · 0.18%
Similar plansManufacturing · California
Veg Fresh Farms LLC CA$5.2M · 0.10%
Neill Aircraft Co. CA$5.2M · 0.51%
Raj Manufacturing, LLC CA$5.1M · 0.75%
Vinyl Technology Inc. CA$5.1M · 0.46%
Molekule, Inc. CA$5.0M · 0.51%
Insultech, LLC CA$5.0M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 510481261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.