Plan Ledger DOL Form 5500 · updated monthly

Multivac, Inc.401(k)

MULTIVAC, INC. PROFIT SHARING 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Multivac, Inc. reported $36,317 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,262 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 fell from 0.05% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 201st-largest of 1,393 plans among Missouri employers on file, and the 2,009th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 440 to 518 since 2022.

Plan summary
Net assets, end of year$92,289,442
Participants with balances550
Active participants518
Employer contributions$2,725,694
Employee contributions$5,698,802
Employer contribution per active participant$5,262
Average account balance$167,799
Benefits paid to participants$7,899,130
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$92.3M · 550 accts · $2.7M emplr
2023$78.1M · 535 accts · $2.4M emplr
2022$64.1M · 487 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,125
Investment management$27,192
Total administrative$36,317
The Multivac, Inc. 401(k) match · 2024
Employer contribution per active participant$5,262
Median for plans this size$3,635
2024$5,262 per active participant
2023$4,908 per active participant
2022$4,691 per active participant

Multivac, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,192
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,125

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$36,317 · 0.04%
2023$33,946 · 0.05%
2022$37,469 · 0.05%
Same employer
Similar plansManufacturing · Missouri
Orscheln Industries MO$114.0M · 0.29%
Spartech LLC MO$100.7M · 0.17%
Sunnen Products Company MO$98.1M · 0.15%
Lmi Aerospace, Inc. MO$89.2M · 0.26%
Novus International, Inc. MO$88.9M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431452397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.