Plan Ledger DOL Form 5500 · updated monthly

Elg Haniel Metals Corp.401(k)

ELG HANIEL METALS CORP. AND SUBSIDIARIES TAX DEFERRED SAVINGS PLAN · MCKEESPORT, PA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Elg Haniel Metals Corp. reported $91,763 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,742 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 0.31% to 0.33%. 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 1,213th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,603rd of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,957,486
Participants with balances197
Active participants153
Employer contributions$419,568
Employee contributions$701,920
Employer contribution per active participant$2,742
Average account balance$146,992
Benefits paid to participants$2,447,162
Plan auditUnmodified (clean) audit opinion
AuditorMCKEEVER, VARGA & SENKO
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 197 accts · $420K emplr
2023$26.3M · 196 accts · $377K emplr
2022$24.8M · 213 accts · $415K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,259
Investment management$85,504
Total administrative$91,763
The Elg Haniel Metals Corp. 401(k) match · 2024
Employer contribution per active participant$2,742
Median for plans this size$2,416
2024$2,742 per active participant
2023$2,814 per active participant
2022$2,751 per active participant

Elg Haniel Metals Corp.'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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Custodial (securities)$22,721
PETREDIS INVESTMENT ADVISORS LLC · Investment advisory (plan)$68,972

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$91,763 · 0.33%
2023$73,848 · 0.29%
2022$85,765 · 0.31%
Similar plansManufacturing · Pennsylvania
Chalmers & Kubeck, Inc. PA$29.4M · 0.14%
Phb, Inc. PA$29.3M · 0.40%
Dura-Bond Industries, Inc. PA$29.1M · 0.03%
Sandmeyer Steel Company PA$28.9M · 0.01%
Wuxi Biologics USA, LLC PA$28.7M · 0.35%
Adaptimmune, LLC PA$28.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133248083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.