Plan Ledger DOL Form 5500 · updated monthly

Mubea, Inc.401(k)

MUBEA, INC. 401(K) RETIREMENT SAVINGS PLAN · FLORENCE, KY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Mubea, Inc. reported $105,054 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,036 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 0.10% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 96th-largest of 871 plans among Kentucky employers on file, and the 2,093rd of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,675,580
Participants with balances1,143
Active participants900
Employer contributions$2,732,093
Employee contributions$4,329,473
Employer contribution per active participant$3,036
Average account balance$76,707
Benefits paid to participants$6,433,073
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$87.7M · 1,143 accts · $2.7M emplr
2023$76.6M · 1,182 accts · $2.7M emplr
2022$64.1M · 1,160 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,762
Investment management$62,292
Total administrative$105,054
The Mubea, Inc. 401(k) match · 2024
Employer contribution per active participant$3,036
Median for plans this size$3,635
2024$3,036 per active participant
2023$2,801 per active participant
2022$2,760 per active participant

Mubea, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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
ROBERT W BAIRD & CO · Investment advisory (plan)$62,292
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,762

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$105,054 · 0.13%
2023$84,866 · 0.12%
2022$72,536 · 0.10%
Same employer
Similar plansManufacturing · Kentucky
Perfetti van Melle USA Inc. KY$91.6M · 0.28%
Zeon Chemicals L. P. KY$91.0M · 0.07%
Toyotetsu America, Inc. KY$89.9M · 0.29%
Inoac USA, Inc. KY$89.2M · 0.28%
C. C. Clark, Inc. KY$73.6M · 0.13%
Sypris Solutions, Inc. KY$70.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610999750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.