Plan Ledger DOL Form 5500 · updated monthly

United States Mineral Products Company401(k)

UNITED STATES MINERAL PRODUCTS COMPANY SAVINGS PLAN 401(K) · STANHOPE, NJ · plan year 2022

Employer contribution per participant · 2022
$3,106

United States Mineral Products Company's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $25,074,980 across 208 participant accounts, with employer contributions averaging $3,106 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 929th-largest of 2,419 plans among New Jersey employers on file, and the 5,112th of 13,661 in manufacturing. In 2022, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,074,980
Participants with balances208
Active participants160
Employer contributions$496,979
Employee contributions$1,007,912
Employer contribution per active participant$3,106
Average account balance$120,553
Benefits paid to participants$3,960,011
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM, SMITH AND BROWN
The United States Mineral Products Company 401(k) match · 2022
Employer contribution per active participant$3,106
Median for plans this size$2,266

United States Mineral Products Company's 2022 employer contribution ran above the $2,266 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.

Same employer
Similar plansManufacturing · New Jersey
United Envelope, LLC NJ$25.9M · 0.19%
Knf Neuberger, Inc. NJ$25.8M · 0.02%
Usmpc Buyer, Inc. NJ$24.6M · 0.13%
Bihler of America, Inc. NJ$24.3M · 0.18%
Cultech, Inc. NJ$24.2M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221522976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.