Plan Ledger DOL Form 5500 · updated monthly

Mwi Corporation401(k)

MWI CORPORATION EMPLOYEES' INCENTIVE SAVINGS PLAN · DEERFIELD BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Mwi Corporation reported $62,137 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,329 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 0.36% to 0.39%. 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 1,256th-largest of 3,644 plans among Florida employers on file, and the 6,569th of 13,661 in manufacturing. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,012,080
Participants with balances217
Active participants211
Employer contributions$491,368
Employee contributions$961,329
Employer contribution per active participant$2,329
Average account balance$78,397
Benefits paid to participants$993,029
Plan auditUnmodified (clean) audit opinion
AuditorBRUNT MATZ GROUP PA CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 217 accts · $491K emplr
2023$14.5M · 209 accts · $480K emplr
2022$12.7M · 206 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,167
Investment management$19,970
Total administrative$62,137
The Mwi Corporation 401(k) match · 2024
Employer contribution per active participant$2,329
Median for plans this size$2,416
2024$2,329 per active participant
2023$2,095 per active participant
2022$1,461 per active participant

Mwi Corporation's 2024 employer contribution ran below 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$42,167
RPA FINANCIAL, LLC · Investment advisory (plan)$19,970

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$62,137 · 0.39%
2023$52,690 · 0.39%
2022$51,117 · 0.36%
Same employer
Similar plansManufacturing · Florida
Avidyne Corporation FL$17.2M · 0.04%
Rex Lumber, LLC FL$16.7M · 0.76%
Tervis Tumbler Company FL$16.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590613752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.