Plan Ledger DOL Form 5500 · updated monthly

Mossberg & Company, Inc.401(k)

MOSSBERG & COMPANY, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST · SOUTH BEND, IN · plan year 2023

Reported admin expense ratio · 2023
0.51%

Mossberg & Company, Inc. reported $65,012 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. 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 has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (787th of 1,562), and 7,775th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$12,822,837
Participants with balances124
Active participants94
Employer contributions—
Employee contributions$174,018
Employer contribution per active participant—
Average account balance$103,410
Benefits paid to participants$1,436,503
Plan auditUnmodified (clean) audit opinion
AuditorKRUGGEL LAWTON CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $54K emplr
2023$12.8M · 124 accts
2022$12.8M · 129 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,284
Audit (IQPA)$6,000
Trustee / custodial$52,728
Total administrative$65,012
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
1ST SOURCE BANK · Recordkeeping · Consulting$59,012
KRUGGEL LAWTON CPAS · Accounting / audit$6,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
20241ST SOURCE BANK
20231ST SOURCE BANK

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$65,012 · 0.51%
2022$73,887 · 0.52%
Similar plansManufacturing · Indiana
Flodraulic Group Inc IN$13.3M · 0.07%
Steel Warehouse Company LLC IN$13.2M · 0.53%
Heartland Automotive, LLC IN$13.1M · 0.67%
Wenzel Metal Spinning, Inc. IN$12.9M · 0.23%
Wieland Designs, Inc. IN$12.6M · 0.66%
Syndicate Sales Inc. IN$12.4M · 0.51%
Albanese Confectionery IN$12.0M · 0.76%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 350531750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.