Plan Ledger DOL Form 5500 · updated monthly

Copperweld Bimetallics LLC401(k)

COPPERWELD BIMETALLICS LLC SAVINGS PLAN · FAYETTEVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Copperweld Bimetallics LLC reported $2,793 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,535 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 0.018% to 0.019%. 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 649th-largest of 1,496 plans among Tennessee employers on file, and 6,865th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 296 to 528 since 2022.

Plan summary
Net assets, end of year$15,796,969
Participants with balances299
Active participants528
Employer contributions$810,590
Employee contributions$1,674,048
Employer contribution per active participant$1,535
Average account balance$52,833
Benefits paid to participants$2,473,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 299 accts · $811K emplr
2023$13.2M · 265 accts · $784K emplr
2022$9.0M · 147 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,793
Total administrative$2,793
The Copperweld Bimetallics LLC 401(k) match · 2024
Employer contribution per active participant$1,535
Median for plans this size$2,416
2024$1,535 per active participant
2023$1,596 per active participant
2022$1,331 per active participant

Copperweld Bimetallics LLC's 2024 employer contribution ran below 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$2,793

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$2,793 · 0.02%
2023$4,587 · 0.04%
2022$1,661 · 0.02%
Same employer
Similar plansManufacturing · Tennessee
Sanderson Pipe Corporation TN$16.2M · 0.65%
Aqua-Chem, Inc. TN$16.0M · 0.15%
Kelvion Products Inc. TN$15.7M · 0.72%
Currax Pharmaceuticals LLC TN$15.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980467972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.