Plan Ledger DOL Form 5500 · updated monthly

Aero Metals, Inc.401(k)

AERO METALS, INC. 401(K) PLAN · LAPORTE, IN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Aero Metals, Inc. reported $47,197 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $576 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 fell from 0.40% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 715th-largest of 1,562 plans among Indiana employers on file, and 7,072nd of 13,661 in manufacturing. In 2024, employees put in $5.15 for every $1.00 the employer contributed; active participation has shrunk from 261 to 191 since 2022.

Plan summary
Net assets, end of year$15,066,181
Participants with balances207
Active participants191
Employer contributions$110,000
Employee contributions$566,574
Employer contribution per active participant$576
Average account balance$72,783
Benefits paid to participants$500,902
Plan auditUnmodified (clean) audit opinion
AuditorRSMUS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 207 accts · $110K emplr
2023$13.3M · 233 accts · $110K emplr
2022$12.3M · 250 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,295
Audit (IQPA)$23,902
Total administrative$47,197
The Aero Metals, Inc. 401(k) match · 2024
Employer contribution per active participant$576
Median for plans this size$2,416
2024$576 per active participant
2023$512 per active participant

Aero Metals, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$23,827
ADP, INC. · Loan processing · Recordkeeping$23,370
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,197 · 0.33%
2023$30,339 · 0.24%
2022$54,926 · 0.40%
Same employer
Similar plansManufacturing · Indiana
Envelop Group, LLC IN$15.4M · 0.51%
Ehob, Inc. IN$15.4M · 0.28%
Uniseal Inc. IN$15.1M · 0.36%
Schafer Industries Inc. IN$14.7M · 0.11%
Nap Asset Holdings, LTD IN$14.6M · 0.52%
Messenger, LLC IN$14.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351082708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.