Plan Ledger DOL Form 5500 · updated monthly

Metalforms, LTD401(k)

METALFORMS, LTD 401(K) PROFIT SHARING PLAN · BEAUMOUNT, TX · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Metalforms, LTD reported $2,855 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,221 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,747th-largest of 5,688 plans among Texas employers on file, and 7,927th of 13,661 in manufacturing. In 2022, the employer put in $6.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,311,331
Participants with balances141
Active participants131
Employer contributions$683,886
Employee contributions$108,811
Employer contribution per active participant$5,221
Average account balance$87,314
Benefits paid to participants$499,484
Plan auditUnmodified (clean) audit opinion
AuditorWATHEN, DESONG & JUNCKER, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $347K emplr
2022$12.3M · 141 accts · $684K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,855
Total administrative$2,855
The Metalforms, LTD 401(k) match · 2022
Employer contribution per active participant$5,221
Median for plans this size$2,266

Metalforms, LTD's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$2,855 · 0.02%
Same employer
Similar plansManufacturing · Texas
Barcel USA, LLC TX$12.6M · 0.56%
Red Dot Corporation TX$12.5M · 0.26%
Insightec Inc TX$12.3M · 0.59%
Allied Power Group, LLC TX$12.3M · 0.41%
Ikg USA, LLC TX$12.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461625734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.