Plan Ledger DOL Form 5500 · updated monthly

Mwgh LLC401(k)

THE METALWORKING GROUP 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Mwgh LLC reported $68,384 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,965 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 0.53% to 0.42%. 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 1,476th-largest of 3,295 plans among Ohio employers on file, and the 6,528th of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,198,122
Participants with balances152
Active participants101
Employer contributions$299,425
Employee contributions$634,001
Employer contribution per active participant$2,965
Average account balance$113,146
Benefits paid to participants$858,574
Plan auditUnmodified (clean) audit opinion
AuditorACCLEO LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 152 accts · $299K emplr
2023$15.1M · 158 accts · $305K emplr
2022$11.6M · 195 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,468
Investment management$35,916
Total administrative$68,384
The Mwgh LLC 401(k) match · 2024
Employer contribution per active participant$2,965
Median for plans this size$2,416
2024$2,965 per active participant
2023$3,050 per active participant
2022$2,929 per active participant

Mwgh LLC's 2024 employer contribution ran above the $2,416 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 · 20244
ADP, INC. · Loan processing · Recordkeeping$32,468
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$25,416
ACCLEO, LLC · Recordkeeping · Pension consulting$10,500
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
2024ACCLEO, LLC, ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill, FLAGEL HUBER FLAGEL

This plan has changed recordkeepers within these filings. If you left Mwgh LLC 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$68,384 · 0.42%
2023$61,440 · 0.46%
2022$56,674 · 0.53%
Same employer
Similar plansManufacturing · Ohio
Forge Biologics, Inc. OH$17.3M · 0.22%
Bear Diversified Inc. OH$17.2M · 0.62%
Rize Home LLC OH$17.2M · 0.48%
I.D. Images, LLC OH$17.2M · 0.28%
Weaver Leather LLC OH$17.2M · 0.35%
Feldkamp Enterprises, Inc. OH$17.2M · 0.33%
Delta Systems, Inc. OH$17.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842411001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.