Plan Ledger DOL Form 5500 · updated monthly

Paramount Metal Finishing Co.401(k)

PARAMOUNT METAL FINISHING CO INC. 401K PLAN · LINDEN, NJ · plan year 2022

Reported admin expense ratio · 2022
0.01%

Paramount Metal Finishing Co. reported $176 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. 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 New Jersey (2,186th of 2,419), and 13,073rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,476,713
Participants with balances24
Active participants127
Employer contributions—
Employee contributions$101,003
Employer contribution per active participant—
Average account balance$61,530
Benefits paid to participants$2,524
Plan auditUnmodified (clean) audit opinion
AuditorBRIDGES, HORNING & CO, CPAS PC
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 history1
2022$176 · 0.01%
Similar plansManufacturing · New Jersey
Pcs Wireless NJ$1.9M · 0.54%
Ruggiero Seafood, Inc. NJ$1.8M · 1.01%
Lotito Foods Holding, LLC NJ$1.4M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221598728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.