Plan Ledger DOL Form 5500 · updated monthly

Metalex Manufacturing, Inc.401(k)

METALEX MANUFACTURING, INC. EMPLOYEE PROFIT SHARING AND 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Metalex Manufacturing, Inc. reported $108,015 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,409 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 0.28% to 0.25%. 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 715th-largest of 3,295 plans among Ohio employers on file, and the 3,412th of 13,661 in manufacturing. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,656,516
Participants with balances106
Active participants104
Employer contributions$354,515
Employee contributions$1,080,621
Employer contribution per active participant$3,409
Average account balance$421,288
Benefits paid to participants$4,824,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.7M · 106 accts · $355K emplr
2023$41.6M · 108 accts · $349K emplr
2022$34.9M · 105 accts · $338K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,515
Investment management$52,000
Audit (IQPA)$10,500
Total administrative$108,015
The Metalex Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$3,409
Median for plans this size$2,416
2024$3,409 per active participant
2023$3,457 per active participant
2022$3,246 per active participant

Metalex Manufacturing, 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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$45,515
UBS FINANCIAL SERVICES · Investment advisory (plan)$52,000
CBIZ SOMERSET · Accounting / audit$10,500
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$108,015 · 0.25%
2023$99,325 · 0.26%
2022$106,644 · 0.28%
Same employer
Similar plansManufacturing · Ohio
Majestic Steel USA, Inc. OH$45.8M · 0.24%
Leadec Corp. OH$45.3M · 0.28%
Nifco America Corporation OH$45.2M · 0.18%
Evenflo Company, Inc. OH$44.5M · 0.22%
Race Winning Brands, Inc. OH$42.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311122107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.