Plan Ledger DOL Form 5500 · updated monthly

The Mennel Milling Company401(k)

THE MENNEL MILLING COMPANY SAVINGS AND INVESTMENT PLAN AND TRUST · FOSTORIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

The Mennel Milling Company reported $93,359 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,476 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 0.20% to 0.18%. 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 604th-largest of 3,295 plans among Ohio employers on file, and the 2,903rd of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 660 to 948 since 2022.

Plan summary
Net assets, end of year$55,840,021
Participants with balances923
Active participants948
Employer contributions$2,347,703
Employee contributions$3,233,947
Employer contribution per active participant$2,476
Average account balance$60,498
Benefits paid to participants$7,777,546
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS & HOULIK
Plan history3
Yearassets · accounts · employer contribution
2024$55.8M · 923 accts · $2.3M emplr
2023$50.6M · 805 accts · $2.2M emplr
2022$42.0M · 717 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,435
Investment management$89,924
Total administrative$93,359
The The Mennel Milling Company 401(k) match · 2024
Employer contribution per active participant$2,476
Median for plans this size$3,635
2024$2,476 per active participant
2023$2,990 per active participant
2022$2,723 per active participant

The Mennel Milling Company'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 · 20243
NFP RETIREMENT INC · Investment advisory (plan)$71,521
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,403
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,435

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$93,359 · 0.18%
2023$101,768 · 0.22%
2022$93,003 · 0.20%
Same employer
Similar plansManufacturing · Ohio
Vega Americas, Inc. OH$57.0M · 0.14%
Brewster Cheese Company OH$57.0M · 0.30%
Enerfab, Inc. OH$56.7M · 0.41%
Ohio Gratings, Inc. OH$56.4M · 0.25%
Diamond Products Limited OH$55.7M · 0.20%
Drt Holdings, LLC OH$55.1M · 0.31%
The Tranzonic Companies OH$55.0M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344302060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.