Plan Ledger DOL Form 5500 · updated monthly

Metallics, Inc.401(k)

METALLICS, INC. 401(K) RETIREMENT PLAN · ONALASKA, WI · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Metallics, Inc. reported $44,215 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $314 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 0.46% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,298th of 1,936), and 9,000th of 13,661 in manufacturing. In 2024, employees put in $5.36 for every $1.00 the employer contributed; active participation has shrunk from 160 to 136 since 2022.

Plan summary
Net assets, end of year$9,531,387
Participants with balances101
Active participants136
Employer contributions$42,762
Employee contributions$229,300
Employer contribution per active participant$314
Average account balance$94,370
Benefits paid to participants$825,565
Plan auditUnmodified (clean) audit opinion
AuditorENGELSON & ASSOCIATES, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 101 accts · $43K emplr
2023$8.7M · 116 accts · $51K emplr
2022$8.1M · 119 accts · $57K emplr
Administrative expenses, itemized · 2024
Investment management$44,215
Total administrative$44,215
The Metallics, Inc. 401(k) match · 2024
Employer contribution per active participant$314
Median for plans this size$1,313
2024$314 per active participant
2023$359 per active participant
2022$356 per active participant

Metallics, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
TRUST POINT INC · Recordkeeping · Trustee$44,215

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

Recordkeeper by year2
2024TRUST POINT INC
2023TRUST POINT INC

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

Administrative cost history3
2024$44,215 · 0.48%
2023$41,445 · 0.49%
2022$41,208 · 0.46%
Same employer
Similar plansManufacturing · Wisconsin
Romo, Inc. WI$9.6M · 0.35%
Viskoteepak WI$9.6M · 0.39%
Yunker Industries, Inc. WI$9.4M · 0.60%
Furlani Foods LLC WI$9.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390756971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.