Plan Ledger DOL Form 5500 · updated monthly

Real Alloy Specification, LLC401(k)

REAL ALLOY SPECIFICATION HOURLY UNION SAVINGS PLAN FOR WABASH UNION · BEACHWOOD, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Real Alloy Specification, LLC reported $11,367 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,559 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 0.12% to 0.31%. 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 Ohio (2,713th of 3,295), and 11,807th of 13,661 in manufacturing. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,873,146
Participants with balances107
Active participants98
Employer contributions$152,819
Employee contributions$129,525
Employer contribution per active participant$1,559
Average account balance$36,198
Benefits paid to participants$346,090
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.9M · 107 accts · $153K emplr
2022$3.2M · 92 accts · $101K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,367
Total administrative$11,367
The Real Alloy Specification, LLC 401(k) match · 2024
Employer contribution per active participant$1,559
Median for plans this size$1,313
2024$1,559 per active participant
2022$1,155 per active participant

Real Alloy Specification, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$11,367
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$2,450

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

Administrative cost history2
2024$11,367 · 0.31%
2022$4,728 · 0.12%
Similar plansManufacturing · Ohio
Alacriant Inc. OH$3.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825448390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.