Plan Ledger DOL Form 5500 · updated monthly

Metco Industries, Inc.401(k)

METCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · ST. MARYS, PA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Metco Industries, Inc. reported $36,245 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $428 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 0.29% to 0.49%. 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 Pennsylvania (2,588th of 3,651), and 9,913th of 13,661 in manufacturing. In 2024, employees put in $7.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,483,887
Participants with balances110
Active participants127
Employer contributions$54,389
Employee contributions$389,364
Employer contribution per active participant$428
Average account balance$68,035
Benefits paid to participants$916,776
Plan auditUnmodified (clean) audit opinion
AuditorCLYDE, FERRARO & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 110 accts · $54K emplr
2023$7.2M · 118 accts · $55K emplr
2022$6.4M · 118 accts · $53K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,245
Total administrative$36,245
The Metco Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$428
Median for plans this size$1,313
2024$428 per active participant
2023$353 per active participant
2022$417 per active participant

Metco Industries, 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$506

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

Recordkeeper by year2
2024John Hancock
2023Definiti

This plan has changed recordkeepers within these filings. If you left Metco Industries, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,245 · 0.49%
2023$21,604 · 0.32%
2022$20,360 · 0.29%
Same employer
Similar plansManufacturing · Pennsylvania
Freedom Corrugated, LLC PA$7.6M · 0.32%
Multi-Flow Industries LLC PA$7.6M · 0.42%
Pdc Machines LLC PA$7.4M · 0.55%
F & S Tool, Inc. PA$7.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251413811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.