Plan Ledger DOL Form 5500 · updated monthly

Consolidated Metal Products Co, Inc.401(k)

CONSOLIDATED METAL PRODUCTS CO. RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Consolidated Metal Products Co, Inc. reported $7,925 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,537 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 0.04% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (1,724th of 3,295), and the 1,391st of 3,341 in other services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 116 to 135 since 2022.

Plan summary
Net assets, end of year$13,234,107
Participants with balances143
Active participants135
Employer contributions$342,440
Employee contributions$670,403
Employer contribution per active participant$2,537
Average account balance$92,546
Benefits paid to participants$806,697
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNING
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 143 accts · $342K emplr
2023$11.4M · 133 accts · $322K emplr
2022$10.0M · 114 accts · $284K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,925
Total administrative$7,925
The Consolidated Metal Products Co, Inc. 401(k) match · 2024
Employer contribution per active participant$2,537
Median for plans this size$2,416
2024$2,537 per active participant
2023$2,456 per active participant
2022$2,444 per active participant

Consolidated Metal Products Co, Inc.'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 · 20243
VOYA RETIREMENT INVESTMENT AND ANNU · Investment advisory (plan)indirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp
LATITUDE SERVICE COMPANY INC · Other servicesindirect comp

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$7,925 · 0.06%
2023$3,750 · 0.04%
2022$4,112 · 0.04%
Same employer
Similar plansOther Services · Ohio
Csa Service Solutions, LLC OH$15.1M · 0.75%
Company Wrench, LTD OH$14.8M · 0.28%
Charles Penzone, Inc. OH$14.6M · 0.49%
The Hannon Company OH$12.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310578644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.