Plan Ledger DOL Form 5500 · updated monthly

Metallus Inc.401(k) + ESOP (KSOP)

METALLUS INC. SAVINGS AND INVESTMENT PENSION PLAN · CANTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Metallus Inc. reported $46,349 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,485 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 fell from 0.024% to 0.022%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 199th-largest of 3,295 plans among Ohio employers on file, and the 1,090th of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 592 to 691 since 2022.

Plan summary
Net assets, end of year$218,539,982
Participants with balances911
Active participants691
Employer contributions$3,099,312
Employee contributions$6,930,732
Employer contribution per active participant$4,485
Average account balance$239,890
Benefits paid to participants$25,061,367
Plan auditUnmodified (clean) audit opinion
AuditorMEADEN AND MOORE
Plan history3
Yearassets · accounts · employer contribution
2024$218.5M · 911 accts · $3.1M emplr
2023$202.9M · 896 accts · $2.7M emplr
2022$196.0M · 879 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,349
Total administrative$46,349
The Metallus Inc. 401(k) match · 2024
Employer contribution per active participant$4,485
Median for plans this size$3,635
2024$4,485 per active participant
2023$4,045 per active participant
2022$4,631 per active participant

Metallus Inc.'s 2024 employer contribution ran above the $3,635 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$47,351

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$46,349 · 0.02%
2023$55,782 · 0.03%
2022$56,949 · 0.02%
All plans at this employer2
METALLUS INC. SAVINGS AND INVESTMENT PENSION PLAN401(k) + ESOP (KSOP)
METALLUS INC. VOLUNTARY INVESTMENT PENSION PLAN401(k) + ESOP (KSOP)
Same employer
Similar plansManufacturing · Ohio
Vibrantz Corporation OH$253.2M · 0.06%
Gojo Industries, Inc. OH$244.7M · 0.05%
Associated Materials, LLC OH$186.0M · 0.17%
Standard Textile Co., Inc. OH$184.6M · 0.06%
Lima Refining Company OH$183.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464024951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.