Plan Ledger DOL Form 5500 · updated monthly

Boyd Aluminum Manufacturing Co.401(k)

BOYD ALUMINUM MANUFACTURING & SOUTHERN SUPPLY CO. 401(K) PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Boyd Aluminum Manufacturing Co. reported $63,010 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $183 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 0.52% to 0.49%. 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 among the smaller plans on file in Missouri (738th of 1,393), and 7,518th of 13,661 in manufacturing. In 2024, employees put in $17.28 for every $1.00 the employer contributed; active participation has grown from 194 to 326 since 2022.

Plan summary
Net assets, end of year$13,614,689
Participants with balances140
Active participants326
Employer contributions$59,817
Employee contributions$1,033,802
Employer contribution per active participant$183
Average account balance$97,248
Benefits paid to participants$738,685
Plan auditUnmodified (clean) audit opinion
AuditorRMMC
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 140 accts · $60K emplr
2023$11.9M · 123 accts · $49K emplr
2022$9.9M · 118 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,784
Investment management$30,226
Total administrative$63,010
The Boyd Aluminum Manufacturing Co. 401(k) match · 2024
Employer contribution per active participant$183
Median for plans this size$2,416
2024$183 per active participant
2023$246 per active participant
2022$223 per active participant

Boyd Aluminum Manufacturing Co.'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 · 20242
HEIM YOUNG & ASSOCIATES INC · Investment advisory (plan)$30,226

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$63,010 · 0.49%
2023$55,157 · 0.51%
2022$57,080 · 0.52%
Similar plansManufacturing · Missouri
Good Earth Tools, Inc. MO$14.4M · 0.81%
Steelville Manufacturing Co MO$13.9M · 0.43%
Handi-Craft Company MO$13.8M · 0.26%
Ultrasource LLC MO$13.5M · 0.47%
Coin Acceptors, Inc. MO$13.5M · 0.03%
Trinity Metal Products LLC MO$13.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440657812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.