Plan Ledger DOL Form 5500 · updated monthly

Specialty Metals Holdco, LLC401(k)

THE LAWTON STANDARD CO. 401(K) RET PLAN · DE PERE, WI · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Specialty Metals Holdco, LLC reported $101,741 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,816 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 0.57% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 963rd-largest of 1,936 plans among Wisconsin employers on file, and the 6,554th of 13,661 in manufacturing. In 2024, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,066,038
Participants with balances330
Active participants308
Employer contributions$559,185
Employee contributions$1,535,365
Employer contribution per active participant$1,816
Average account balance$51,715
Benefits paid to participants$2,879,128
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 330 accts · $559K emplr
2023$15.7M · 339 accts · $538K emplr
2022$12.8M · 302 accts · $398K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,563
Investment management$92,178
Total administrative$101,741
The Specialty Metals Holdco, LLC 401(k) match · 2024
Employer contribution per active participant$1,816
Median for plans this size$2,416
2024$1,816 per active participant
2023$1,577 per active participant
2022$1,264 per active participant

Specialty Metals Holdco, LLC's 2024 employer contribution ran below the $2,416 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$101,741

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$101,741 · 0.62%
2023$86,281 · 0.60%
2022$67,618 · 0.57%
Same employer
Similar plansManufacturing · Wisconsin
Wisco Industries, Inc. WI$17.5M · 0.42%
Menzner Hardwoods Co. WI$17.3M · 0.07%
Kaysun Corporation WI$17.0M · 0.43%
Schumann Printers, Inc. WI$16.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843828049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.