Plan Ledger DOL Form 5500 · updated monthly

Precision Engineered Products Holdings Inc.401(k)

MW LIFE SCIENCES RETIREMENT SAVINGS PLAN · PIERCETON, IN · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Precision Engineered Products Holdings Inc. reported $172,362 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,018 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 0.22% to 0.19%. 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 152nd-largest of 1,562 plans among Indiana employers on file, and the 1,929th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,067,231
Participants with balances1,914
Active participants1,469
Employer contributions$4,433,975
Employee contributions$8,771,429
Employer contribution per active participant$3,018
Average account balance$51,759
Benefits paid to participants$15,974,749
Plan auditUnmodified (clean) audit opinion
AuditorDONOVAN CPAS
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$99.1M · 1,914 accts · $4.4M emplr
2023$82.9M · 1,893 accts · $4.1M emplr
2022$65.7M · 1,776 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,362
Total administrative$172,362
The Precision Engineered Products Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$3,018
Median for plans this size$3,635
2024$3,018 per active participant
2023$2,605 per active participant
2022$2,499 per active participant

Precision Engineered Products Holdings Inc.'s 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$177,774

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

Administrative cost history4
2025Not separately reported
2024$172,362 · 0.19%
2023$134,127 · 0.18%
2022$151,001 · 0.22%
Same employer
Similar plansManufacturing · Indiana
Ofs Brands Holdings, Inc. IN$112.8M · 0.31%
Weg Electric Corp. IN$109.6M · 0.21%
Perfection Bakeries, Inc. IN$106.2M · 0.23%
Aurorium Holdings LLC IN$97.6M · 0.14%
Dorel U.S.A., Inc. IN$88.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010757400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.