Plan Ledger DOL Form 5500 · updated monthly

Mudd, Inc.401(k)

MUDD, INC. 401(K) PLAN · CEDAR FALLS, IA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Mudd, Inc. reported $1,650 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,747 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 0.005% to 0.009%. 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 402nd-largest of 878 plans among Iowa employers on file, and the 5,585th of 11,654 in professional & technical services. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 82 to 98 since 2022.

Plan summary
Net assets, end of year$19,807,230
Participants with balances148
Active participants98
Employer contributions$367,250
Employee contributions$690,106
Employer contribution per active participant$3,747
Average account balance$133,833
Benefits paid to participants$1,316,037
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 148 accts · $367K emplr
2023$17.5M · 137 accts · $315K emplr
2022$14.3M · 138 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$450
Investment management$1,200
Total administrative$1,650
The Mudd, Inc. 401(k) match · 2024
Employer contribution per active participant$3,747
Median for plans this size$2,416
2024$3,747 per active participant
2023$3,624 per active participant
2022$3,244 per active participant

Mudd, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$1,650 · 0.01%
2023$1,725 · 0.01%
2022$849 · 0.01%
Similar plansProfessional & Technical Services · Iowa
Involta, LLC IA$23.1M · 0.03%
Mechdyne Corporation IA$22.2M · 0.33%
Benchmark, Inc. IA$21.4M · 0.08%
Bsb Design, Inc. IA$21.4M · 0.49%
The Stelter Company IA$19.8M · 0.43%
Medirevv, Inc. IA$19.0M · 0.66%
Foodchain Id Group, Inc. IA$18.9M · 0.58%
Iowa Legal Aid IA$14.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421173023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.