Plan Ledger DOL Form 5500 · updated monthly

Mssc, Inc.401(k)

MSSC 401(K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Mssc, Inc. reported $218 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,697 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 fell from 0.003% to 0.001%. 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 1,037th-largest of 2,619 plans among Michigan employers on file, and the 5,940th of 13,661 in manufacturing. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has shrunk from 115 to 98 since 2022.

Plan summary
Net assets, end of year$19,969,077
Participants with balances131
Active participants98
Employer contributions$460,316
Employee contributions$661,140
Employer contribution per active participant$4,697
Average account balance$152,436
Benefits paid to participants$1,783,125
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 131 accts · $460K emplr
2023$18.2M · 135 accts · $479K emplr
2022$15.4M · 156 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$218
Total administrative$218
The Mssc, Inc. 401(k) match · 2024
Employer contribution per active participant$4,697
Median for plans this size$2,416
2024$4,697 per active participant
2023$4,937 per active participant
2022$4,164 per active participant

Mssc, Inc.'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 · 20242
NEXT FINANCIAL GROUPindirect comp

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$218 · 0.00%
2023$457 · 0.00%
2022$475 · 0.00%
Same employer
Similar plansManufacturing · Michigan
Manthei, Inc. MI$20.1M · 0.39%
Innotec Corp MI$19.9M · 0.04%
Lanzen, Inc. MI$19.8M · 0.32%
Perfecto Industries, Inc. MI$19.7M · 0.15%
Espec North America, Inc. MI$19.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311178262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.