Plan Ledger DOL Form 5500 · updated monthly

Metal Masters Food Service Equipment Co., Inc.401(k)

EAGLE GROUP 401(K) RETIREMENT PLAN · CLAYTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Metal Masters Food Service Equipment Co., Inc. reported $85,526 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,837 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 0.28% to 0.30%. 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 83rd-largest of 242 plans among Delaware employers on file, and the 4,553rd of 13,661 in manufacturing. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has shrunk from 377 to 317 since 2022.

Plan summary
Net assets, end of year$29,366,007
Participants with balances481
Active participants317
Employer contributions$582,483
Employee contributions$1,318,376
Employer contribution per active participant$1,837
Average account balance$61,052
Benefits paid to participants$4,091,121
Plan auditUnmodified (clean) audit opinion
AuditorFAW CASSON & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 481 accts · $582K emplr
2023$28.1M · 454 accts · $573K emplr
2022$25.7M · 475 accts · $572K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,825
Investment management$52,701
Total administrative$85,526
The Metal Masters Food Service Equipment Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,837
Median for plans this size$2,416
2024$1,837 per active participant
2023$1,695 per active participant
2022$1,516 per active participant

Metal Masters Food Service Equipment Co., Inc.'s 2024 employer contribution ran below 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 · 20243
WILMINGTON TRUST, N.A. · Investment advisory (plan)$42,252
EMPOWER ADVISORY GROUP, LLC · Investment management$10,449

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$85,526 · 0.30%
2023$82,670 · 0.31%
2022$78,887 · 0.28%
Similar plansManufacturing · Delaware
Iko Industries, Inc. DE$43.2M · 0.50%
The Lycra Company LLC DE$42.6M · 0.25%
Pats Aircraft, LLC DE$37.7M · 0.01%
Zenith Home Corp. DE$18.6M · 0.37%
Amerector, Inc. DE$15.9M · 0.45%
Covation Inc. DE$15.8M · 0.19%
Industrial Physics, Inc. DE$14.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510320417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.