Plan Ledger DOL Form 5500 · updated monthly

Precoat Mezzanine Holdings LLC401(k)

PRECOAT 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Precoat Mezzanine Holdings LLC reported $128,174 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,529 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 rose from 0.01% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 504th-largest of 5,688 plans among Texas employers on file, and the 1,516th of 13,661 in manufacturing. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 856 to 1,189 since 2022.

Plan summary
Net assets, end of year$136,988,407
Participants with balances1,048
Active participants1,189
Employer contributions$3,007,521
Employee contributions$6,718,528
Employer contribution per active participant$2,529
Average account balance$130,714
Benefits paid to participants$17,110,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$137.0M · 1,048 accts · $3.0M emplr
2023$128.1M · 1,100 accts · $3.0M emplr
2022$117.5M · 1,158 accts · $465K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,174
Total administrative$128,174
The Precoat Mezzanine Holdings LLC 401(k) match · 2024
Employer contribution per active participant$2,529
Median for plans this size$3,635
2024$2,529 per active participant
2023$3,661 per active participant
2022$543 per active participant

Precoat Mezzanine Holdings LLC's 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,878

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$128,174 · 0.10%
2023$120,961 · 0.10%
2022$14,031 · 0.01%
Similar plansManufacturing · Texas
Daisy Brand LLC TX$155.2M · 0.18%
Orthofix Inc. TX$152.6M · 0.09%
Acme Building Brands, Inc. TX$145.8M · 0.30%
Bodycote Imt, Inc. TX$140.1M · 0.23%
Diodes, Inc. TX$127.5M · 0.11%
Enerflex Inc. TX$124.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821011883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.