Employers › Mistras Group
Recordkeeping fees per participant · Mistras Group, Inc. Salary Savings Plan · plan year 2024
$63.44
Higher than 45% of the 5,847 plans $50 to 250M that report it.
= $140,130 / 2,209
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251007152230NAL0004778001001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007152230NAL0004778001001, received 2025-10-07
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-07.
Administrative expenses excluding investment management, per participant
$63.44
Higher than 31% of the 8,758 plans $50 to 250M that report it.
= $140,130 / 2,209
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007152230NAL0004778001001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007152230NAL0004778001001, received 2025-10-07
Administrative expenses per participant
$133.48
Higher than 50% of the 9,042 plans $50 to 250M that report it.
= $294,863 / 2,209
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007152230NAL0004778001001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007152230NAL0004778001001, received 2025-10-07
Administrative expenses as a share of assets
0.146%
Higher than 54% of the 9,049 plans $50 to 250M that report it.
= $294,863 / $201,445,178
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007152230NAL0004778001001, received 2025-10-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007152230NAL0004778001001, received 2025-10-07
Employer contributions per participant
$1,897
Higher than 30% of the 9,105 plans $50 to 250M that report it.
= $4,190,847 / 2,209
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007152230NAL0004778001001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007152230NAL0004778001001, received 2025-10-07
Employer share of total contributions
21.1%
Higher than 22% of the 9,112 plans $50 to 250M that report it.
= $4,190,847 / $19,844,860
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007152230NAL0004778001001, received 2025-10-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007152230NAL0004778001001, received 2025-10-07
Employer match
“Under this plan, the Company matches 50% of the employee’s contributions up to 6% of the employee’s annual compensation, as defined by the plan.”
Form 10-K filed 2026-03-11, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Vesting
“There is a five-year vesting schedule for the Company match.”
Form 10-K filed 2026-03-11, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251007152230NAL0004778001001, received 2025-10-07
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MISTRAS GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Plan name | MISTRAS GROUP, INC. SALARY SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Sponsor EIN / plan number | 22-3341267 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Sponsor location | PRINCETON JUNCTION, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Industry (business code) | 335900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Filing received | 2025-10-07 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Participants, beginning of year | 3,882 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Active participants | 3,067 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Participants, end of year | 3,699 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Participants with an account balance | 2,209 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Total assets, beginning of year | $191,254,970 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Total assets, end of year | $201,445,178 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Net assets, end of year | $201,445,178 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Total income | $43,736,038 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Net income | $10,190,208 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Employer contributions | $4,190,847 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Participant contributions | $13,273,076 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Other contributions (incl. rollovers) | $2,380,937 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Total contributions | $19,844,860 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Benefit payments | $33,093,777 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Total expenses (incl. benefit payments) | $33,545,830 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Total administrative expenses | $294,863 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Recordkeeping fees | $140,130 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Investment advisory and management fees | $154,733 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Administrative expenses excluding investment management | $140,130 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Held in common/collective trusts | $175,012,311 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Held in mutual funds | $7,417,479 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251007152230NAL0004778001001, received 2025-10-07 |
| Independent auditor | TORRILLO AND ASOCIATES LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251007152230NAL0004778001001, received 2025-10-07 |
Position = column in the DOL layout for form year 2024. Filing 20251007152230NAL0004778001001, received 2025-10-07.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 50 Direct payment from the plan; 37 Participant loan processing; 15 Recordkeeping and information management | $140,130 | yes |
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | NONE | 99 Other fees | $100,600 | no |
| CAPITAL MANAGEMENT ENTERPRISES LLC | NONE | 99 Other fees; 26 Investment advisory (participants); 50 Direct payment from the plan | $54,133 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251007152230NAL0004778001001, received 2025-10-07.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $191,254,970 | $201,445,178 | 5.3% |
| Participants with a balance | 2,351 | 2,209 | -6.0% |
| Administrative expenses | $174,679 | $294,863 | 68.8% |
| Recordkeeping fees per participant | $46.51 | $63.44 | 36.4% |
| Employer contributions | $3,816,193 | $4,190,847 | 9.8% |
Prior filing 20241007114435NAL0016004241001, received 2024-10-07; the plan years are contiguous.
Sponsor name as filed: MISTRAS GROUP, INC.; SEC registrant: Mistras Group, Inc. (CIK 1436126, matched by EIN; display name from the Form 10-K cover).