Plan Ledger DOL Form 5500 · updated monthly

Mozarc Medical US LLC401(k)

MOZARC MEDICAL SAVINGS AND INVESTMENT PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Mozarc Medical US LLC reported $48,341 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,547 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 1 year on file its reported administrative ratio rose from 0.05% to 0.10%. 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 447th-largest of 1,918 plans among Minnesota employers on file, and the 2,928th of 13,661 in manufacturing. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,387,515
Participants with balances282
Active participants266
Employer contributions$3,071,499
Employee contributions$3,895,691
Employer contribution per active participant$11,547
Average account balance$196,410
Benefits paid to participants$3,275,935
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$55.4M · 282 accts · $3.1M emplr
2023$43.3M · 249 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,494
Investment management$3,847
Total administrative$48,341
The Mozarc Medical US LLC 401(k) match · 2024
Employer contribution per active participant$11,547
Median for plans this size$2,416
2024$11,547 per active participant
2023$6,191 per active participant

Mozarc Medical US LLC's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,494

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

Administrative cost history2
2024$48,341 · 0.10%
2023$20,256 · 0.05%
Same employer
Similar plansManufacturing · Minnesota
Dura Supreme LLC MN$58.0M · 0.40%
Griffiths Corporation MN$56.3M · 0.01%
Old Dutch Foods, Inc. MN$56.2M · 0.00%
Innovance, Inc. MN$54.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883154875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.