Plan Ledger DOL Form 5500 · updated monthly

Metro Metals Northwest, Inc.401(k)

METRO METALS NORTHWEST, INC. 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Metro Metals Northwest, Inc. reported $84,763 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,785 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 0.27% to 0.29%. 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 267th-largest of 1,021 plans among Oregon employers on file, and the 4,359th of 13,661 in manufacturing. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 306 to 361 since 2022.

Plan summary
Net assets, end of year$31,177,867
Participants with balances407
Active participants361
Employer contributions$644,512
Employee contributions$1,997,112
Employer contribution per active participant$1,785
Average account balance$76,604
Benefits paid to participants$2,897,132
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.2M · 407 accts · $645K emplr
2023$27.1M · 375 accts · $617K emplr
2022$21.7M · 342 accts · $553K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,504
Investment management$70,259
Total administrative$84,763
The Metro Metals Northwest, Inc. 401(k) match · 2024
Employer contribution per active participant$1,785
Median for plans this size$2,416
2024$1,785 per active participant
2023$1,905 per active participant
2022$1,809 per active participant

Metro Metals Northwest, Inc.'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 · 20243
PHILLIPS AND COMPANY ADVISORS LLC · Recordkeeping · Trustee$70,259
ADP, INC. · Loan processing · Recordkeeping$14,504
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, PHILLIPS AND COMPANY ADVISORS LLC
2023ADP, PHILLIPS AND COMPANY ADVISORS LLC

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Administrative cost history3
2024$84,763 · 0.29%
2023$67,177 · 0.28%
2022$63,946 · 0.27%
Same employer
Similar plansManufacturing · Oregon
Murphy Company OR$34.7M · 1.10%
Deschutes Brewery, Inc. OR$31.5M · 0.00%
Zip-O-Log Mills, Inc. OR$29.9M · 0.08%
Rosboro Company, LLC OR$29.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931270871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.