Plan Ledger DOL Form 5500 · updated monthly

Primetals Technologies USA LLC401(k)

METALS TECHNOLOGIES LLC SAVINGS PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Primetals Technologies USA LLC reported $105,069 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,925 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 0.03% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 133rd-largest of 2,160 plans among Georgia employers on file, and the 940th of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$268,518,243
Participants with balances1,293
Active participants998
Employer contributions$4,915,503
Employee contributions$8,164,292
Employer contribution per active participant$4,925
Average account balance$207,671
Benefits paid to participants$29,748,810
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$268.5M · 1,293 accts · $4.9M emplr
2023$251.4M · 1,304 accts · $4.7M emplr
2022$223.4M · 1,264 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Investment management$180,125
Audit (IQPA)$22,576
Total administrative$105,069
The Primetals Technologies USA LLC 401(k) match · 2024
Employer contribution per active participant$4,925
Median for plans this size$4,294
2024$4,925 per active participant
2023$4,772 per active participant
2022$4,693 per active participant

Primetals Technologies USA LLC's 2024 employer contribution ran above the $4,294 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$97,785
USI ADVISORS, INC. · Investment advisory (plan)$82,340
BAKER TILLY US, LLP · Accounting / audit$22,575
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$105,069 · 0.04%
2023$96,104 · 0.04%
2022$77,677 · 0.03%
Same employer
Similar plansManufacturing · Georgia
Klockner Metals Corporation GA$288.7M · 0.14%
Kemira Chemicals, Inc. GA$285.7M · 0.06%
Neenah, Inc. GA$280.8M · 0.06%
Serta Simmons Bedding, LLC GA$275.5M · 0.13%
Oxford Industries, Inc. GA$218.4M · 0.11%
Motrex LLC GA$214.4M · 0.10%
Ofs Fitel, LLC GA$212.9M · 0.08%
Kia Georgia, Inc. GA$202.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471368965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.