Plan Ledger DOL Form 5500 · updated monthly

Advantage Sintered Metals, Inc.401(k)

ASM/CTI 401(K) PLAN · BATTLE CREEK, MI · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Advantage Sintered Metals, Inc. reported $31,341 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $983 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 3 years on file its reported administrative ratio has held roughly steady near 0.74%. 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 Michigan (2,053rd of 2,619), and 11,383rd of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 194 to 223 since 2022.

Plan summary
Net assets, end of year$4,657,213
Participants with balances118
Active participants223
Employer contributions$219,197
Employee contributions$399,692
Employer contribution per active participant$983
Average account balance$39,468
Benefits paid to participants$368,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 118 accts · $219K emplr
2023$3.8M · 110 accts · $214K emplr
2022$2.9M · 115 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,341
Total administrative$31,341
The Advantage Sintered Metals, Inc. 401(k) match · 2024
Employer contribution per active participant$983
Median for plans this size$1,313
2024$983 per active participant
2023$977 per active participant
2022$882 per active participant

Advantage Sintered Metals, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SIGMA FINANCIAL CORPORATION · Other services$14,419
THE VANGUARD GROUP INC · Contract administrator · Loan processing$13,084
THE OLDENBURG COMPANY INC · Other services$3,000
MESIROW · Investment advisory (plan)$838

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$31,341 · 0.74%
2023$27,812 · 0.82%
2022$23,173 · 0.75%
Same employer
Similar plansManufacturing · Michigan
Vista Manufacturing Inc. MI$4.7M · 0.03%
Nuvar, Inc. MI$4.6M · 0.03%
Gielow Pickles, Inc. MI$4.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382920571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.