Plan Ledger DOL Form 5500 · updated monthly

Dock Foundry LLC D/B/A Metal Technologies-Three Rivers Gray Iron401(k)

MTI BARGAINING UNITS 401(K) PLAN · THREE RIVERS, MI · plan year 2023

Reported admin expense ratio · 2023
0.17%

Dock Foundry LLC D/B/A Metal Technologies-Three Rivers Gray Iron reported $8,890 in plan administrative expenses for 2023: 0.17% of average plan assets, lower than ~75% of peers. 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 has held roughly steady near 0.168%. 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 Michigan (1,964th of 2,619), and 10,976th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,437,316
Participants with balances89
Active participants148
Employer contributions—
Employee contributions$301,406
Employer contribution per active participant—
Average account balance$61,093
Benefits paid to participants$964,016
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.4M · 89 accts
2022$5.2M · 108 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,890
Total administrative$8,890
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 · 20232

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

Administrative cost history2
2023$8,890 · 0.17%
2022$10,410 · 0.17%
Similar plansManufacturing · Michigan
Butterball Farms, Inc. MI$5.4M · 0.50%
Line-X, LLC MI$5.3M · 0.01%
Woodworth, Inc. MI$5.3M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380490981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.