Plan Ledger DOL Form 5500 · updated monthly

Global Advanced Metals USA, Inc.401(k)

GAM USA 401(K) PLAN · BOYERTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Global Advanced Metals USA, Inc. reported $4,646 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,598 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 0.01% to 0.02%. 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 1,260th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,807th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 187 to 165 since 2022.

Plan summary
Net assets, end of year$27,427,076
Participants with balances163
Active participants165
Employer contributions$593,711
Employee contributions$1,298,227
Employer contribution per active participant$3,598
Average account balance$168,264
Benefits paid to participants$1,958,186
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 163 accts · $594K emplr
2023$24.1M · 171 accts · $748K emplr
2022$19.6M · 171 accts · $696K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,646
Total administrative$4,646
The Global Advanced Metals USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,598
Median for plans this size$2,416
2024$3,598 per active participant
2023$3,980 per active participant
2022$3,724 per active participant

Global Advanced Metals USA, Inc.'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$4,645

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,646 · 0.02%
2023$3,153 · 0.01%
2022$2,955 · 0.01%
Same employer
Similar plansManufacturing · Pennsylvania
Robroy Industries, Inc. PA$27.9M · 0.04%
Rigidply Rafters, Inc. PA$27.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453504668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.