Ernest Spencer Metals, Inc.401(k)

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

Ernest Spencer Metals, Inc. reported $61,179 in plan administrative expenses for 2024: 1.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $548 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 1.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kansas (672nd of 828), and 4,131st of 5,337 in construction. In 2024, employees put in $4.97 for every $1.00 the employer contributed; active participation has grown from 140 to 159 since 2022.