Plan Ledger DOL Form 5500 · updated monthly

Metal-Era, LLC401(k)

METAL-ERA, INC. 401(K) PLAN · WAUKESHA, WI · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Metal-Era, LLC reported $60,258 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $7,459 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 1 year on file its reported administrative ratio rose from 0.21% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 851st-largest of 1,936 plans among Wisconsin employers on file, and the 5,868th of 13,661 in manufacturing. In 2023, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$20,342,888
Participants with balances287
Active participants247
Employer contributions$1,842,391
Employee contributions$1,344,042
Employer contribution per active participant$7,459
Average account balance$70,881
Benefits paid to participants$3,898,021
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.2M emplr
2023$20.3M · 287 accts · $1.8M emplr
2022$12.3M · 282 accts · $733K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,634
Investment management$30,624
Total administrative$60,258
The Metal-Era, LLC 401(k) match · 2023
Employer contribution per active participant$7,459
Median for plans this size$2,440
2023$7,459 per active participant
2022$3,029 per active participant

Metal-Era, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$29,634
MORGAN STANLEY GLOBAL BANKING OPS · Investment advisory (plan)$30,624
JPMORGAN INVEST HOLDINGS LLCindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024Not separately reported
2023$60,258 · 0.37%
2022$27,429 · 0.21%
Same employer
Similar plansManufacturing · Wisconsin
Dramm Corporation WI$20.6M · 0.42%
Construction Forms, Inc. WI$20.4M · 0.28%
Systems, LLC WI$20.1M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391464141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.