Plan Ledger DOL Form 5500 · updated monthly

Ford Meter Box Company, Inc.401(k)

RETIREMENT SAVINGS PLAN OF THE FORD METER BOX COMPANY, INC. · WABASH, IN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Ford Meter Box Company, Inc. reported $142,964 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $3,978 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 fell from 0.10% to 0.09%. 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 90th-largest of 1,562 plans among Indiana employers on file, and the 1,302nd of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 832 to 962 since 2022.

Plan summary
Net assets, end of year$170,456,066
Participants with balances1,073
Active participants962
Employer contributions$3,826,597
Employee contributions$6,461,643
Employer contribution per active participant$3,978
Average account balance$158,859
Benefits paid to participants$13,217,811
Plan auditUnmodified (clean) audit opinion
AuditorPILE CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$170.5M · 1,073 accts · $3.8M emplr
2023$146.6M · 975 accts · $3.4M emplr
2022$124.7M · 932 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,964
Investment management$40,000
Total administrative$142,964
The Ford Meter Box Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,978
Median for plans this size$3,635
2024$3,978 per active participant
2023$3,875 per active participant
2022$3,664 per active participant

Ford Meter Box Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$102,964
MERILL LUNCH · Investment advisory (plan)$40,000
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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$142,964 · 0.09%
2023$127,222 · 0.09%
2022$136,300 · 0.10%
Same employer
Similar plansManufacturing · Indiana
Smc Corporation of America IN$189.4M · 0.15%
Thor Industries, Inc. IN$189.0M · 0.18%
Knauf Insulation, Inc. IN$179.9M · 0.15%
Red Gold, Inc. IN$162.4M · 0.14%
Endress+Hauser Inc. IN$159.5M · 0.03%
Ctb, Inc. IN$159.3M · 0.07%
Patrick Industries, Inc. IN$157.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350315220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.