Plan Ledger DOL Form 5500 · updated monthly

Mssl Wiring System Inc.401(k)

MSSL WIRING SYSTEM RETIREMENT PLAN · WARREN, OH · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Mssl Wiring System Inc. reported $105,070 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $952 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 0.30% to 0.32%. 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 891st-largest of 3,295 plans among Ohio employers on file, and the 4,099th of 13,661 in manufacturing. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has shrunk from 365 to 293 since 2022.

Plan summary
Net assets, end of year$34,138,964
Participants with balances215
Active participants293
Employer contributions$278,851
Employee contributions$745,458
Employer contribution per active participant$952
Average account balance$158,786
Benefits paid to participants$4,922,168
Plan auditUnmodified (clean) audit opinion
AuditorMRPR GROUP P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 215 accts · $279K emplr
2023$32.4M · 228 accts · $284K emplr
2022$29.3M · 233 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,122
Investment management$49,948
Total administrative$105,070
The Mssl Wiring System Inc. 401(k) match · 2024
Employer contribution per active participant$952
Median for plans this size$2,416
2024$952 per active participant
2023$734 per active participant
2022$813 per active participant

Mssl Wiring System 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 · 20243
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$55,123
MORGAN STANLEY GLOBAL · Investment advisory (plan)$25,282
MORGAN STANLEY · Investment advisory (plan)$24,666

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$105,070 · 0.32%
2023$110,115 · 0.36%
2022$100,467 · 0.30%
Same employer
Similar plansManufacturing · Ohio
New Sabina Industries, Inc. OH$34.5M · 0.09%
Millwood, Inc. OH$34.2M · 0.62%
Agrana Fruit US, Inc. OH$34.2M · 0.30%
Polymer Additives, Inc. OH$34.0M · 0.43%
Capsa Solutions, LLC OH$33.9M · 0.39%
Horizons Incorporated OH$33.8M · 0.01%
Hose Master, LLC OH$33.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471174118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.