Plan Ledger DOL Form 5500 · updated monthly

Eaton Metal Products Company, LLC401(k)

EATON 401(K) PROFIT SHARING PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Eaton Metal Products Company, LLC reported $115,266 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,098 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 0.71% to 0.76%. 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 632nd-largest of 1,461 plans among Colorado employers on file, and 6,942nd of 13,661 in manufacturing. In 2024, employees put in $3.29 for every $1.00 the employer contributed; active participation has grown from 144 to 166 since 2022.

Plan summary
Net assets, end of year$15,518,684
Participants with balances129
Active participants166
Employer contributions$182,213
Employee contributions$598,942
Employer contribution per active participant$1,098
Average account balance$120,300
Benefits paid to participants$1,604,205
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 129 accts · $182K emplr
2023$14.7M · 138 accts · $132K emplr
2022$13.8M · 139 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,474
Investment management$74,946
Audit (IQPA)$13,846
Total administrative$115,266
The Eaton Metal Products Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,098
Median for plans this size$2,416
2024$1,098 per active participant
2023$774 per active participant
2022$1,365 per active participant

Eaton Metal Products Company, LLC'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 · 20243
FOUNDERS FINANCIAL SEC LLC · Investment advisory (plan)$67,946
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$26,473
PLANTE MORAN PLLC · Accounting / audit · Investment advisory (plan)$20,847

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$115,266 · 0.76%
2023$88,975 · 0.63%
2022$107,675 · 0.71%
Same employer
Similar plansManufacturing · Colorado
Boom Technology, Inc. CO$15.7M · 0.76%
Leiters, Inc. CO$15.6M · 0.10%
Merritt Trailers, Inc. CO$15.5M · 0.52%
Enveda Therapeutics, Inc. CO$15.1M · 0.39%
Power Motive Corporation CO$14.6M · 0.95%
Rocla Concrete Tie, Inc. CO$14.2M · 0.15%
Popsockets LLC CO$14.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840194410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.