Plan Ledger DOL Form 5500 · updated monthly

American Chemet Corporation401(k)

AMERICAN CHEMET CORPORATION 401(K) PROFIT SHARING PLAN · HELENA, MT · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

American Chemet Corporation reported $71,477 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,650 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 0.31% to 0.29%. 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 59th-largest of 229 plans among Montana employers on file, and the 4,999th of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed; active participation has shrunk from 227 to 148 since 2022.

Plan summary
Net assets, end of year$25,886,955
Participants with balances226
Active participants148
Employer contributions$392,220
Employee contributions$1,009,950
Employer contribution per active participant$2,650
Average account balance$114,544
Benefits paid to participants$4,049,573
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 226 accts · $392K emplr
2023$24.1M · 262 accts · $631K emplr
2022$21.3M · 265 accts · $680K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,477
Total administrative$71,477
The American Chemet Corporation 401(k) match · 2024
Employer contribution per active participant$2,650
Median for plans this size$2,416
2024$2,650 per active participant
2023$2,869 per active participant
2022$2,993 per active participant

American Chemet Corporation's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,477

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$71,477 · 0.29%
2023$65,574 · 0.29%
2022$73,609 · 0.31%
Same employer
Similar plansManufacturing · Montana
Wyo-Ben, Inc. MT$27.6M · 0.32%
Fox Head, Inc. CA$25.9M · 0.04%
Interstate-McBee, LLC OH$25.9M · 0.39%
Burkert USA Corp NC$25.9M · 0.34%
Coltene/Whaledent, Inc. OH$25.9M · 0.39%
Aeva, Inc. CA$25.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362057681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.