Retirement plan

MILLER'S TEXTILE SERVICES, INC. 401(K) PROFIT SHARING PLAN

Name: MILLER'S TEXTILE SERVICES, INC. - MILLER'S TEXTILE SERVICES, INC. 401(K) PROFIT SHARING PLAN (2025) Form 5500
Creator: MILLER'S TEXTILE SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILLER'S TEXTILE SERVICES, INC. 401(K) PROFIT SHARING PLAN, MILLER'S TEXTILE SERVICES, INC.

MILLER'S TEXTILE SERVICES, INC.EIN 34-4476175Plan #001PY 2025

520 COMMERCE DRIVE - WAPAKONETA, OH 45895800-826-3164millerstextile.comLinkedIn51-200 employeestextiles

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$11.2M

+10.6% from 2024

Total participants

287

+7.5% from 2024

Average account balance

$40,575

+4.1% from 2024

Annual return

12.68%

-12.54 pp from 2024

Benchmarks

See 228 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort228 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$11.16M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$41K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

275

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

94.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$884K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.68%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$225

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY10+ years Filed as: MORGAN STANLEY Service code 26 · EIN 26-4310632	Advisory (Participants)	$25,094
DYNAMIC PENSION SERVICES, INC.10+ years Service code 13 · EIN 31-1585572	Contract Administrator	$18,306
TWG BENEFITS, INC.9 years Filed as: TWG Service code 15 · EIN 36-4018918	Recordkeeping	$13,568
MID ATLANTIC CAPITAL CORPORATION1 year Filed as: MID ATLANTIC TRUST COMPANY Service code 19 · EIN 27-3169253	Securities Custodian	$5,013

Plan features & details

Pension benefit codes2E2F2J2K2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$62K

$299 / participant

Contract admin$62K100.0%

% of EOY assets

0.555%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STROH JOHNSON & CO. LLP
Auditor EIN: 341454245
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,575

$47,553-14.7%

$136,867-70.4%

$69,733-41.8%

Participation rate

94.2%

61.4%+32.8pp

74.5%+19.7pp

62.5%+31.8pp

Annual return

12.68%

-91.50%+104.2pp

42.97%-30.3pp

15.22%-2.5pp

Employer contribution / active EE

$358

$2,087-82.8%

$3,547-89.9%

$2,250-84.1%

Participant deferral / active EE

$3,914

$2,300+70.2%

$4,924-20.5%

$3,054+28.1%

Admin fee / account holder

$225

$3,496-93.6%

$10,340-97.8%

$3,102-92.7%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY10+ years

Filed as: MORGAN STANLEY

Service code 26 · EIN 26-4310632

Advisory (Participants)

$25,094

DYNAMIC PENSION SERVICES, INC.10+ years

Service code 13 · EIN 31-1585572

Contract Administrator

$18,306

TWG BENEFITS, INC.9 years

Filed as: TWG

Service code 15 · EIN 36-4018918

Recordkeeping

$13,568

MID ATLANTIC CAPITAL CORPORATION1 year

Filed as: MID ATLANTIC TRUST COMPANY

Service code 19 · EIN 27-3169253

Securities Custodian

$5,013

MILLER'S TEXTILE SERVICES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILLER'S TEXTILE SERVICES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion