Plan Ledger DOL Form 5500 · updated monthly

Smartlam NA401(k)

SMARTLAM NA 401(K) & PROFIT SHARING PLAN · COLUMBIA FALLS, MT · plan year 2024

Reported admin expense ratio · 2024
1.24%

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

Smartlam NA reported $28,794 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,598 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.

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 Montana (202nd of 229), and 12,436th of 13,661 in manufacturing. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,734,464
Participants with balances137
Active participants130
Employer contributions$337,795
Employee contributions$524,765
Employer contribution per active participant$2,598
Average account balance$19,960
Benefits paid to participants$305,715
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,148
Investment management$10,646
Total administrative$28,794
The Smartlam NA 401(k) match · 2024
Employer contribution per active participant$2,598
Median for plans this size$1,313

Smartlam NA's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
ADP, INC. · Loan processing · Recordkeeping$18,147
ALLIANT INSURANCE AGENCY INC · Recordkeeping · Trustee$10,646

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

Administrative cost history1
2024$28,794 · 1.24%
Similar plansManufacturing · Montana
Adf International MT$3.7M · 0.79%
Bridger Steel, Inc. MT$3.3M · 0.35%
Lafrieda Meats Inc NJ$2.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843161868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.