Plan Ledger DOL Form 5500 · updated monthly

Advanced Manufacturing and Development, Inc.401(k)

METALFX RETIREMENT SAVINGS PLAN · WILLITS, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Advanced Manufacturing and Development, Inc. reported $16,216 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,602 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 2 years on file its reported administrative ratio rose from 0.16% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,387th of 9,483), and 8,670th of 13,661 in manufacturing. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has shrunk from 175 to 151 since 2022.

Plan summary
Net assets, end of year$10,242,150
Participants with balances175
Active participants151
Employer contributions$392,871
Employee contributions$564,193
Employer contribution per active participant$2,602
Average account balance$58,527
Benefits paid to participants$385,881
Plan auditUnmodified (clean) audit opinion
AuditorCAROLYN A.MAYES, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 175 accts · $393K emplr
2023$8.6M · 181 accts · $357K emplr
2022$7.1M · 211 accts · $375K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,227
Investment management$989
Total administrative$16,216
The Advanced Manufacturing and Development, Inc. 401(k) match · 2024
Employer contribution per active participant$2,602
Median for plans this size$1,313
2024$2,602 per active participant
2023$2,229 per active participant
2022$2,143 per active participant

Advanced Manufacturing and Development, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$989

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

Administrative cost history3
2024$16,216 · 0.17%
2023$14,927 · 0.19%
2022$11,981 · 0.16%
Same employer
Similar plansManufacturing · California
Aalp, LLC CA$10.3M · 0.73%
Olukai LLC CA$10.3M · 0.03%
Harbor Electronics, Inc. CA$10.2M · 0.35%
Esl Power Systems Inc. CA$10.2M · 0.37%
Mercer Foods, LLC CA$10.2M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942378705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.