Plan Ledger DOL Form 5500 · updated monthly

Micrometl Corporation401(k)

MICROMETL CORPORATION 401(K) PLAN · INDIANAPOLIS, IN · plan year 2025

Reported admin expense ratio · 2025
0.68%

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

Micrometl Corporation reported $118,820 in plan administrative expenses for 2025: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $792 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 4 years on file its reported administrative ratio has held roughly steady near 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 597th-largest of 1,562 plans among Indiana employers on file, and the 6,231st of 13,661 in manufacturing. In 2025, employees put in $5.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,480,255
Participants with balances407
Active participants352
Employer contributions$278,745
Employee contributions$1,597,497
Employer contribution per active participant$792
Average account balance$45,406
Benefits paid to participants$1,710,805
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$18.5M · 407 accts · $279K emplr
2024$16.3M · 493 accts · $294K emplr
2023$13.6M · 446 accts · $241K emplr
2022$12.6M · 632 accts · $293K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$112,324
Audit (IQPA)$6,496
Total administrative$118,820
The Micrometl Corporation 401(k) match · 2025
Employer contribution per active participant$792
Median for plans this size$2,666
2025$792 per active participant
2024$727 per active participant
2023$659 per active participant
2022$792 per active participant

Micrometl Corporation's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$112,323
KSM CPA AND ADVISORS · Accounting / audit$6,500
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$118,820 · 0.68%
2024$130,062 · 0.87%
2023$107,322 · 0.82%
2022$92,697 · 0.69%
Same employer
Similar plansManufacturing · Indiana
Anchor Industries, Inc. IN$18.8M · 0.41%
Graber Post Buildings, Inc. IN$18.7M · 0.23%
Auburn Gear, LLC IN$18.5M · 0.34%
Accurate Castings, Inc. IN$18.3M · 0.23%
80/20, LLC IN$18.2M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364243029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.