Plan Ledger DOL Form 5500 · updated monthly

Eagle Alloy, Inc.ESOP

EAGLE ALLOY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MUSKEGON, MI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Eagle Alloy, Inc. reported $38,225 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,170 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 3 years on file its reported administrative ratio has held roughly steady near 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 324th-largest of 2,619 plans among Michigan employers on file, and the 2,069th of 13,661 in manufacturing. active participation has grown from 199 to 223 since 2022.

Plan summary
Net assets, end of year$88,876,860
Participants with balances379
Active participants223
Employer contributions$4,275,000
Employee contributions—
Employer contribution per active participant$19,170
Average account balance$234,504
Benefits paid to participants$5,511,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$88.9M · 379 accts · $4.3M emplr
2023$82.3M · 380 accts · $4.2M emplr
2022$70.0M · 330 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,443
Total administrative$38,225
Employer contributions to the Eagle Alloy, Inc. plan · 2024
Employer contribution per active participant$19,170
Median for plans this size$3,635
2024$19,170 per active participant
2023$17,894 per active participant
2022$19,246 per active participant

Eagle Alloy, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
MENKE & ASSOCIATES · Contract administrator$29,443
ESI EQUITY · Accounting / audit$8,700

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$38,225 · 0.04%
2023$25,121 · 0.03%
2022$29,757 · 0.05%
All plans at this employer2
EAGLE ALLOY, INC. 401(K) PROFIT SHARING PLAN401(k)
EAGLE ALLOY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Durez Corporation MI$91.2M · 0.13%
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Ai-Cares, LLC MI$87.4M · 0.23%
Auria Solutions USA, Inc. MI$86.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382219733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.