Plan Ledger DOL Form 5500 · updated monthly

Mueller Inc401(k)

MUELLER INC 401(K) PLAN · BALLINGER, TX · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Mueller Inc reported $103,140 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,068 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 has held roughly steady near 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,054th-largest of 5,688 plans among Texas employers on file, and the 3,154th of 13,661 in manufacturing. In 2023, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,018,689
Participants with balances842
Active participants681
Employer contributions$1,408,132
Employee contributions$2,148,813
Employer contribution per active participant$2,068
Average account balance$59,405
Benefits paid to participants$963,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.5M emplr
2023$50.0M · 842 accts · $1.4M emplr
2022$40.6M · 788 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$103,140
Total administrative$103,140
The Mueller Inc 401(k) match · 2023
Employer contribution per active participant$2,068
Median for plans this size$2,440
2023$2,068 per active participant
2022$2,117 per active participant

Mueller Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP LLC · Investment management$25,591

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

Administrative cost history3
2024Not separately reported
2023$103,140 · 0.23%
2022$104,105 · 0.24%
Same employer
Similar plansManufacturing · Texas
Total Safety U.S., Inc. TX$53.0M · 0.39%
Rex-Hide Industries, Inc. TX$51.7M · 0.02%
Hitachi Zosen USA, LTD. TX$50.8M · 0.24%
Alamo Cement Company TX$50.7M · 0.19%
Fagron Holding USA LLC TX$49.9M · 0.61%
Relevant Solutions LLC TX$49.4M · 0.09%
Cosm Inc. TX$49.4M · 0.22%
Aer Manufacturing, L.P. TX$48.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751964049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.