Plan Ledger DOL Form 5500 · updated monthly

Metals Solutions LLC401(k)

METALS SOLUTIONS LLC 401K RETIREMENT PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Metals Solutions LLC reported $43,301 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,069 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 3 years on file its reported administrative ratio has held roughly steady near 0.271%. 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 326th-largest of 902 plans among Alabama employers on file, and the 6,397th of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 177 to 305 since 2022.

Plan summary
Net assets, end of year$17,782,025
Participants with balances240
Active participants305
Employer contributions$631,114
Employee contributions$997,171
Employer contribution per active participant$2,069
Average account balance$74,092
Benefits paid to participants$1,975,846
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 240 accts · $631K emplr
2023$14.2M · 186 accts · $524K emplr
2022$11.5M · 180 accts · $520K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,678
Investment management$40,623
Total administrative$43,301
The Metals Solutions LLC 401(k) match · 2024
Employer contribution per active participant$2,069
Median for plans this size$2,416
2024$2,069 per active participant
2023$2,771 per active participant
2022$2,936 per active participant

Metals Solutions LLC'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$5,753
RT JONES CAPITAL EQUITIES MGMT INC · Investment advisory (participants) · Investment advisory (plan)$40,623

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$43,301 · 0.27%
2023$35,706 · 0.28%
2022$34,714 · 0.27%
Same employer
Similar plansManufacturing · Alabama
Milo's Tea Company, Inc. AL$21.8M · 0.63%
Process Equipment, Inc. AL$20.5M · 0.23%
Maples Industries, Inc. AL$18.1M · 0.48%
Concrete Holding Co. of Al AL$17.4M · 0.51%
Qualico Steel Company, Inc. AL$16.3M · 0.24%
Cimco Refrigeration, Inc. AL$15.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631173692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.