Plan Ledger DOL Form 5500 · updated monthly

Metro Plastics Technologies, Inc.401(k)

METRO PLASTICS TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN · NOBLESVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Metro Plastics Technologies, Inc. reported $1,801 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,301 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,358th of 1,562), and 12,546th of 13,661 in manufacturing. In 2022, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,526,601
Participants with balances104
Active participants125
Employer contributions$162,575
Employee contributions$166,687
Employer contribution per active participant$1,301
Average account balance$24,294
Benefits paid to participants$587,602
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.5M · 104 accts · $163K emplr
The Metro Plastics Technologies, Inc. 401(k) match · 2022
Employer contribution per active participant$1,301
Median for plans this size$1,114

Metro Plastics Technologies, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$1,801 · 0.06%
Same employer
Similar plansManufacturing · Indiana
Marson International, LLC IN$2.7M · 0.25%
Global Composites Inc IN$2.5M · 0.27%
Arrow Container LLC IN$2.4M · 0.23%
Saco Industries, Inc. IN$2.3M · 0.64%
For Bare Feet, LLC IN$2.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351430897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.