Plan Ledger DOL Form 5500 · updated monthly

Multilink, Inc.401(k)

MULTILINK, INC. 401(K) PLAN · ELYRIA, OH · plan year 2022

Reported admin expense ratio · 2022
0.87%

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

Multilink, Inc. reported $59,833 in plan administrative expenses for 2022: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $338 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,371st of 3,295), and 10,482nd of 13,661 in manufacturing. In 2022, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,391,519
Participants with balances95
Active participants456
Employer contributions$154,000
Employee contributions$374,117
Employer contribution per active participant$338
Average account balance$67,279
Benefits paid to participants$437,083
Plan auditUnmodified (clean) audit opinion
AuditorBARNES WENDLING CPAS INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,050
Investment management$36,783
Total administrative$59,833
The Multilink, Inc. 401(k) match · 2022
Employer contribution per active participant$338
Median for plans this size$1,114

Multilink, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$59,833 · 0.87%
Same employer
Similar plansManufacturing · Ohio
Ridge Corporation OH$6.5M · 0.35%
Tss Acquisition Company OH$6.5M · 0.96%
Htv Industries, Inc. OH$6.3M · 0.06%
D.W. Lift Sales, Inc. OH$6.3M · 0.33%
Jbc Technologies Inc. OH$6.3M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341408985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.