Plan Ledger DOL Form 5500 · updated monthly

Multi-Flow Dispensers of Ohio, Inc.401(k)

MULTI-FLOW DISPENSERS OF OHIO, INC. 401(K) PROFIT SHARING PLAN · BROOKLYN HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Multi-Flow Dispensers of Ohio, Inc. reported $27,120 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,691 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 0.31% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,385th of 3,295), and 3,450th of 4,246 in wholesale trade. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,286,883
Participants with balances101
Active participants140
Employer contributions$236,708
Employee contributions$418,583
Employer contribution per active participant$1,691
Average account balance$62,246
Benefits paid to participants$377,522
Plan auditUnmodified (clean) audit opinion
AuditorCARD, PALMER, SIBBISON & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 101 accts · $237K emplr
2023$5.3M · 101 accts · $163K emplr
2022$4.6M · 104 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,120
Total administrative$27,120
The Multi-Flow Dispensers of Ohio, Inc. 401(k) match · 2024
Employer contribution per active participant$1,691
Median for plans this size$1,313
2024$1,691 per active participant
2023$1,191 per active participant
2022$324 per active participant

Multi-Flow Dispensers of Ohio, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$27,119

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$27,120 · 0.47%
2023$18,537 · 0.38%
2022$15,776 · 0.31%
Same employer
Similar plansWholesale Trade · Ohio
Tsc Apparel LLC OH$6.8M · 0.06%
The Noco Company OH$6.4M · 0.76%
Nwo Beverage, Inc. OH$6.4M · 0.64%
Produce One, Inc. OH$6.1M · 0.68%
Mfs Supply, LLC OH$6.1M · 0.78%
Santmyer Companies, Inc. OH$6.1M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340928163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.