Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Management Group401(k)

METROPOLITAN COMPANIES 401(K) PLAN · WYOMISSING, PA · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Metropolitan Management Group reported $42,561 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,053 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 1.43% to 1.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (3,011th of 3,651), and 4,216th of 5,337 in construction. In 2024, employees put in $4.96 for every $1.00 the employer contributed; active participation has grown from 149 to 210 since 2022.

Plan summary
Net assets, end of year$4,044,389
Participants with balances202
Active participants210
Employer contributions$221,070
Employee contributions$1,097,221
Employer contribution per active participant$1,053
Average account balance$20,022
Benefits paid to participants$242,035
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 202 accts · $221K emplr
2023$2.3M · 170 accts · $188K emplr
2022$1.2M · 139 accts · $138K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,975
Trustee / custodial$3
Total administrative$42,561
The Metropolitan Management Group 401(k) match · 2024
Employer contribution per active participant$1,053
Median for plans this size$1,313
2024$1,053 per active participant
2023$1,082 per active participant
2022$924 per active participant

Metropolitan Management Group's 2024 employer contribution ran below the $1,313 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 · 20241
JULY BUSINESS SERVICES, LLC · Recordkeeping$37,975

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,561 · 1.33%
2023$18,160 · 1.03%
2022$12,883 · 1.43%
Same employer
Similar plansConstruction · Pennsylvania
Chrin of Delaware, Inc. PA$4.4M · 0.42%
McG Utilities, Inc. PA$4.4M · 0.55%
Buckley Futures LLC PA$4.0M · 0.67%
Greenell Corporation PA$3.9M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232807918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.