Plan Ledger DOL Form 5500 · updated monthly

Aotco Metal Finishing LLC401(k)

AOTCO METAL FINISHING LLC 401(K) PROFIT SHARING PLAN · BILLERICA, MA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Aotco Metal Finishing LLC reported $4,229 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,766 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 0.06% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (2,180th of 2,726), and 10,362nd of 13,661 in manufacturing. In 2023, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 101 to 135 since 2022.

Plan summary
Net assets, end of year$6,638,037
Participants with balances146
Active participants135
Employer contributions$238,431
Employee contributions$417,078
Employer contribution per active participant$1,766
Average account balance$45,466
Benefits paid to participants$117,758
Plan auditUnmodified (clean) audit opinion
AuditorKAHN, LITWIN, RENZA & CO. (KLR)
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 154 accts · $89K emplr
2023$6.6M · 146 accts · $238K emplr
2022$4.9M · 122 accts · $229K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,100
Investment management$2,129
Total administrative$4,229
The Aotco Metal Finishing LLC 401(k) match · 2023
Employer contribution per active participant$1,766
Median for plans this size$1,308
2024$769 per active participant
2023$1,766 per active participant
2022$2,267 per active participant

Aotco Metal Finishing LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ASCENSUS LLC · Loan processing · Recordkeeping$2,100

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$11,846 · 0.18%
2023$4,229 · 0.07%
2022$2,992 · 0.06%
Same employer
Similar plansManufacturing · Massachusetts
Jeffco Fibres, Inc. MA$6.7M · 0.61%
Fraen Corporation MA$6.7M · 0.01%
Superior Bindery, Inc. MA$6.6M · 0.10%
Flour Bakery & Cafe MA$6.5M · 0.12%
Gtr Manufacturing, LLC MA$6.4M · 0.59%
Stannah Stairlifts, Inc MA$6.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831463990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.