Plan Ledger DOL Form 5500 · updated monthly

Murdock Webbing Company, Inc.401(k)

MURDOCK WEBBING COMPANY, INC. EMPLOYEE SAVINGS & SECURITY PLAN · CENTRAL FALLS, RI · plan year 2024

Reported admin expense ratio · 2024
0.65%

Murdock Webbing Company, Inc. reported $37,746 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. 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 0.10% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Rhode Island (212th of 286), and 10,715th of 13,661 in manufacturing. active participation has grown from 162 to 185 since 2022.

Plan summary
Net assets, end of year$5,931,465
Participants with balances194
Active participants185
Employer contributions—
Employee contributions$369,122
Employer contribution per active participant—
Average account balance$30,575
Benefits paid to participants$552,051
Plan auditUnmodified (clean) audit opinion
AuditorDISANTO, PRIEST & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 194 accts
2023$5.6M · 179 accts
2022$5.0M · 173 accts · $162 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,684
Investment management$13,062
Total administrative$37,746
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 · 20243
ADP, INC. · Loan processing · Recordkeeping$24,684
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$13,062
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP

This plan has changed recordkeepers within these filings. If you left Murdock Webbing Company, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,746 · 0.65%
2023$23,813 · 0.45%
2022$5,322 · 0.10%
Same employer
Similar plansManufacturing · Rhode Island
Allesco Industries, Inc. RI$7.2M · 0.46%
National Chain Co., Inc. RI$7.0M · 0.03%
Summer Infant (USA), Inc. RI$6.7M · 0.31%
Mearthane Products LLC RI$6.4M · 1.16%
Amring Worldwide, Inc. RI$5.4M · 0.59%
Wpp Acquisition, LLC RI$4.7M · 0.28%
Vibco, Inc. RI$4.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050270977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.