Plan Ledger DOL Form 5500 · updated monthly

T. R. Miller Mill Company, Inc.401(k)

T. R. MILLER MILL COMPANY, INC. SAVINGS AND PROFIT SHARING PLAN · BREWTON, AL · plan year 2023

Reported admin expense ratio · 2023
0.60%

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

T. R. Miller Mill Company, Inc. reported $85,772 in plan administrative expenses for 2023: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,588 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 0.14% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 361st-largest of 902 plans among Alabama employers on file, and the 324th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,124,226
Participants with balances241
Active participants203
Employer contributions$322,465
Employee contributions$597,229
Employer contribution per active participant$1,588
Average account balance$62,756
Benefits paid to participants$1,248,492
Plan auditUnmodified (clean) audit opinion
AuditorLANIGAN & ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 237 accts · $287K emplr
2023$15.1M · 241 accts · $322K emplr
2022$13.3M · 241 accts · $395K emplr
Administrative expenses, itemized · 2023
Investment management$85,772
Total administrative$85,772
The T. R. Miller Mill Company, Inc. 401(k) match · 2023
Employer contribution per active participant$1,588
Median for plans this size$2,440
2024$1,676 per active participant
2023$1,588 per active participant
2022$2,057 per active participant

T. R. Miller Mill Company, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NATIONWIDE FINANCIAL · Recordkeeping · Custodial (securities)$56,428
BENEFIT PROFESSIONALS, INC · Accounting / audit · Claims processing$23,408
TRUSTMARK NATIONAL BANK · Custodial (securities) · Trustee$11,285

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,845 · 0.16%
2023$85,772 · 0.60%
2022$19,825 · 0.14%
Same employer
Similar plansAgriculture, Forestry & Fishing · Alabama
Aviagen, Inc. AL$162.7M · 0.03%
Peco Foods, Inc. AL$129.4M · 0.79%
Flowerwood Nursery, Inc. AL$14.6M · 0.66%
Tjc Mortgage, Inc. AL$11.1M · 0.34%
Ingram Farms, Inc. AL$2.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630141530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.