Micrometals401(k)
MICROMETALS SECURITY & RETIREMENT PLAN AND TRUST · ANAHEIM, CA · plan year 2023
Micrometals's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $17,516,471 across 109 participant accounts, with employer contributions averaging $1,660 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 2 years on file its reported administrative ratio fell from 0.08% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,977th-largest of 9,483 plans among California employers on file, and the 6,451st of 13,661 in manufacturing. In 2023, employees put in $2.58 for every $1.00 the employer contributed; active participation has shrunk from 130 to 112 since 2022.
Micrometals's 2023 employer contribution ran below the $2,440 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 952505280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.