Plan Ledger DOL Form 5500 · updated monthly

Usmpc Buyer, Inc.401(k)

UNITED STATES MINERAL PRODUCTS COMPANY SAVINGS PLAN 401(K) · STANHOPE, NJ · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Usmpc Buyer, Inc. reported $32,349 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,397 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 1 year on file its reported administrative ratio rose from 0.13% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 941st-largest of 2,419 plans among New Jersey employers on file, and the 5,184th of 13,661 in manufacturing. In 2023, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,597,636
Participants with balances220
Active participants156
Employer contributions$529,996
Employee contributions$1,100,120
Employer contribution per active participant$3,397
Average account balance$111,807
Benefits paid to participants$6,852,862
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM, SMITH AND BROWN
Plan history2
Yearassets · accounts · employer contribution
2024$22.5M · 211 accts · $515K emplr
2023$24.6M · 220 accts · $530K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,849
Investment management$27,500
Total administrative$32,349
The Usmpc Buyer, Inc. 401(k) match · 2023
Employer contribution per active participant$3,397
Median for plans this size$2,440
2024$3,142 per active participant
2023$3,397 per active participant

Usmpc Buyer, Inc.'s 2023 employer contribution ran above 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 · 20232
NFP RETIREMENT INC · Investment advisory (plan)$27,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,849

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

Administrative cost history2
2024$52,155 · 0.22%
2023$32,349 · 0.13%
Same employer
Similar plansManufacturing · New Jersey
Knf Neuberger, Inc. NJ$25.8M · 0.02%
Bihler of America, Inc. NJ$24.3M · 0.18%
Cultech, Inc. NJ$24.2M · 0.75%
Hudson Technologies Company NJ$23.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 932146629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.