Retirement plan

MID-STATE MACHINE AND FABRICATING CORP. 401(K) PLAN

Name: MID-STATE MACHINE AND FABRICATIN - MID-STATE MACHINE AND FABRICATING CORP. 401(K) PLAN (2025) Form 5500
Creator: MID-STATE MACHINE AND FABRICATIN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MID-STATE MACHINE AND FABRICATING CORP. 401(K) PLAN, MID-STATE MACHINE AND FABRICATIN

MID-STATE MACHINE AND FABRICATINEIN 59-1639133Plan #001PY 2025

2730 MINE AND MILL ROAD, - LAKELAND, FL 33801863-665-6233midstatefl.comLinkedIn201-500 employeesmining & metals

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$21M

+34.9% from 2024

Total participants

1,413

+28.3% from 2024

Average account balance

$17,975

-5.8% from 2024

Annual return

17.25%

+0.46 pp from 2024

Benchmarks

See 92 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort92 peers

Snapshot2025

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$21.01M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

1,169

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.

77.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 3 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$130,185
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL, LLC Service code 15 · EIN 13-3180631	Recordkeeping	$18,834
AMERIPRISE FINANCIAL SERVICES INC3 years Filed as: AMERIPRISE FINANCIAL Service code 15 · EIN 41-0973005	Recordkeeping	$15,498

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$165K

$150 / participant

Recordkeeping$130K79.1%
Investment mgmt$34K20.9%

% of EOY assets

0.783%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: HACKER, JOHNSON & SMITH PA
Auditor EIN: 591639133
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,975

$63,770-71.8%

$71,209-74.8%

$102,872-82.5%

Participation rate

77.7%

61.0%+16.7pp

73.8%+4.0pp

73.0%+4.7pp

Annual return

17.25%

16.01%+1.2pp

282.51%-265.3pp

19.06%-1.8pp

Employer contribution / active EE

$1,154

$2,367-51.2%

$2,721-57.6%

$3,526-67.3%

Participant deferral / active EE

$3,488

$3,587-2.8%

$4,175-16.5%

$5,535-37.0%

Admin fee / account holder

$141

$220-36.0%

$5,349-97.4%

$292-51.8%

Provider

Service type

Compensation

ADP BROKER-DEALER3 years

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$130,185

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL, LLC

Service code 15 · EIN 13-3180631

Recordkeeping

$18,834

AMERIPRISE FINANCIAL SERVICES INC3 years

Filed as: AMERIPRISE FINANCIAL

Service code 15 · EIN 41-0973005

Recordkeeping

$15,498

MID-STATE MACHINE AND FABRICATING CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MID-STATE MACHINE AND FABRICATING CORP. 401(K) 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