Plan Ledger DOL Form 5500 · updated monthly

Mueller Streamline Company401(k)

MUELLER RETIREMENT SAVINGS 401(K) PLAN · COLLIERVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Mueller Streamline Company reported $44,882 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $851 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 0.19% to 0.27%. 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 605th-largest of 1,496 plans among Tennessee employers on file, and the 6,420th of 13,661 in manufacturing. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 922 to 1,044 since 2022.

Plan summary
Net assets, end of year$17,679,398
Participants with balances452
Active participants1,044
Employer contributions$888,021
Employee contributions$1,243,478
Employer contribution per active participant$851
Average account balance$39,114
Benefits paid to participants$3,084,657
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 452 accts · $888K emplr
2023$16.1M · 436 accts · $861K emplr
2022$14.4M · 363 accts · $409K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,882
Total administrative$44,882
The Mueller Streamline Company 401(k) match · 2024
Employer contribution per active participant$851
Median for plans this size$2,416
2024$851 per active participant
2023$895 per active participant
2022$443 per active participant

Mueller Streamline Company'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,882

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$44,882 · 0.27%
2023$44,505 · 0.29%
2022$32,956 · 0.19%
Similar plansManufacturing · Tennessee
Rough Country, LLC TN$18.2M · 0.74%
Fillauer Companies, Inc. TN$18.0M · 0.42%
Neotiss, Inc. TN$17.7M · 0.00%
Viam Manufacturing, Inc. TN$17.0M · 0.47%
Schmiede Corporation TN$16.6M · 0.00%
Sanderson Pipe Corporation TN$16.2M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481100985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.