Plan Ledger DOL Form 5500 · updated monthly

Mountain Ridge Metals, LLC401(k)

MOUNTAIN RIDGE METALS, LLC 401(K) PLAN · MILLERSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Mountain Ridge Metals, LLC reported $3,065 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $452 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 0.08% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,829th of 3,651), and 10,956th of 13,661 in manufacturing. In 2024, employees put in $5.37 for every $1.00 the employer contributed; active participation has grown from 80 to 111 since 2022.

Plan summary
Net assets, end of year$5,466,302
Participants with balances133
Active participants111
Employer contributions$50,134
Employee contributions$269,010
Employer contribution per active participant$452
Average account balance$41,100
Benefits paid to participants$617,830
Plan auditUnmodified (clean) audit opinion
AuditorBROWN SCHULTZ SHERIDAN & FRITZ
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 133 accts · $50K emplr
2023$5.2M · 111 accts · $45K emplr
2022$4.4M · 122 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,765
Total administrative$3,065
The Mountain Ridge Metals, LLC 401(k) match · 2024
Employer contribution per active participant$452
Median for plans this size$1,313
2024$452 per active participant
2023$471 per active participant
2022$595 per active participant

Mountain Ridge Metals, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VALLEY FORGE INVESTMENT CONSULTANTSindirect comp

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

Administrative cost history3
2024$3,065 · 0.06%
2023$3,045 · 0.06%
2022$3,985 · 0.08%
Similar plansManufacturing · Pennsylvania
Cummings Lumber Co., Inc. PA$5.5M · 0.56%
M. Cohen & Sons, Inc. PA$5.4M · 0.66%
Everlast Roofing, Inc. PA$5.4M · 0.88%
Tsg Finishing, LLC PA$5.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364919989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.