Plan Ledger DOL Form 5500 · updated monthly

Mpw Industrial Services, Inc.401(k)

MPW INDUSTRIAL SERVICES SAVINGS PLAN · HEBRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Mpw Industrial Services, Inc. reported $200,774 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $844 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 0.33% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 661st-largest of 3,295 plans among Ohio employers on file, and the 2,778th of 11,654 in professional & technical services. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 1,554 to 2,092 since 2022.

Plan summary
Net assets, end of year$49,576,340
Participants with balances644
Active participants2,092
Employer contributions$1,765,395
Employee contributions$3,022,200
Employer contribution per active participant$844
Average account balance$76,982
Benefits paid to participants$3,340,839
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.6M · 644 accts · $1.8M emplr
2023$42.7M · 593 accts · $1.5M emplr
2022$35.8M · 568 accts · $1.4M emplr
The Mpw Industrial Services, Inc. 401(k) match · 2024
Employer contribution per active participant$844
Median for plans this size$2,416
2024$844 per active participant
2023$875 per active participant
2022$914 per active participant

Mpw Industrial Services, Inc.'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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$42,291
PW PARTNERS , LLC$11,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$200,774 · 0.44%
2023$190,554 · 0.49%
2022$128,211 · 0.33%
Similar plansProfessional & Technical Services · Ohio
Brouse McDowell, OH$52.5M · 0.14%
Directions Research, Inc. OH$52.5M · 0.17%
Hixson Incorporated OH$51.0M · 0.05%
Dunnhumby Inc. OH$50.8M · 0.02%
Zin Technologies, Inc. OH$49.3M · 0.15%
Cincom Systems, Inc. OH$48.7M · 0.02%
Ljb Inc. OH$47.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311014212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.