Plan Ledger DOL Form 5500 · updated monthly

The Metal Ware Corporation401(k)

THE METAL WARE CORPORATION EMPLOYEES' SAVINGS AND RETIREMENT PLAN · TWO RIVERS, WI · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

The Metal Ware Corporation reported $7,198 in plan administrative expenses for 2022: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,598 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.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.142%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,608th of 1,936), and 11,095th of 13,661 in manufacturing. In 2022, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,204,838
Participants with balances110
Active participants105
Employer contributions$167,740
Employee contributions$392,139
Employer contribution per active participant$1,598
Average account balance$47,317
Benefits paid to participants$233,259
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$4.3M · 92 accts · $151K emplr
2022$5.2M · 110 accts · $168K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,404
Investment management$3,794
Total administrative$7,198
The The Metal Ware Corporation 401(k) match · 2022
Employer contribution per active participant$1,598
Median for plans this size$1,114
2023$1,801 per active participant
2022$1,598 per active participant

The Metal Ware Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$6,724 · 0.14%
2022$7,198 · 0.14%
Same employer
Similar plansManufacturing · Wisconsin
Fna Group Inc WI$5.3M · 0.90%
Maynard Steel Casting Co. WI$5.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390466900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.