Plan Ledger DOL Form 5500 · updated monthly

Metaltek International Inc. Wisconsin401(k)

METALTEK INTERNATIONAL, INC. WISCONSIN CENTRIFUGAL DIVISION 401(K) RETIREMENT PLAN · WAUKESHA, WI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Metaltek International Inc. Wisconsin reported $127,052 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,787 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 0.11% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 191st-largest of 1,936 plans among Wisconsin employers on file, and the 1,591st of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 553 to 803 since 2022.

Plan summary
Net assets, end of year$127,674,150
Participants with balances1,008
Active participants803
Employer contributions$3,040,793
Employee contributions$4,990,161
Employer contribution per active participant$3,787
Average account balance$126,661
Benefits paid to participants$15,988,825
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$127.7M · 1,008 accts · $3.0M emplr
2023$90.4M · 675 accts · $3.5M emplr
2022$85.5M · 642 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,806
Total administrative$127,052
The Metaltek International Inc. Wisconsin 401(k) match · 2024
Employer contribution per active participant$3,787
Median for plans this size$3,635
2024$3,787 per active participant
2023$6,097 per active participant
2022$5,730 per active participant

Metaltek International Inc. Wisconsin's 2024 employer contribution ran above the $3,635 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
SPECTRUM INVESTMENT · Consulting$117,246
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,806

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$127,052 · 0.10%
2023$88,012 · 0.10%
2022$107,957 · 0.11%
Same employer
Similar plansManufacturing · Wisconsin
Brakebush Brothers, Inc. WI$134.7M · 0.25%
Standard Process Inc. WI$131.0M · 0.16%
Wis-Pak, Inc. WI$129.2M · 0.11%
Husco International, Inc. WI$128.1M · 0.12%
Fiskars Brands, Inc. WI$122.2M · 0.17%
Schwabe North America WI$120.4M · 0.11%
The Vollrath Company, LLC WI$120.1M · 0.16%
Brakebush Brothers, Inc. WI$117.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942681019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.