Scrap Metal Services, L.L.C.401(k)
SCRAP METAL SERVICES 401(K) PLAN & TRUST · EAST CHICAGO, IN · plan year 2021
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Scrap Metal Services, L.L.C. reported $50,476 in plan administrative expenses for 2021: 0.78% of average plan assets, above the peer median. Employer contributions averaged $798 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 1 year on file its reported administrative ratio fell from 0.78% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,063rd of 1,562), and 10,333rd of 13,661 in manufacturing. In 2021, employees put in $1.84 for every $1.00 the employer contributed.
Scrap Metal Services, L.L.C.'s 2021 employer contribution ran below the $994 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 203863029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.