Plan Ledger DOL Form 5500 · updated monthly

Webber Metal Products, Inc.401(k)

WEBBER METAL PRODUCTS, INC. 401(K) PROFIT SHARING TRUST · CASCADE, IA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Webber Metal Products, Inc. reported $85,882 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $3,339 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 3 years on file its reported administrative ratio rose from 0.18% to 0.27%. 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 256th-largest of 878 plans among Iowa employers on file, and the 3,944th of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,076,843
Participants with balances169
Active participants90
Employer contributions$300,537
Employee contributions$319,445
Employer contribution per active participant$3,339
Average account balance$213,472
Benefits paid to participants$2,592,848
Plan auditUnmodified (clean) audit opinion
AuditorHONKAMP, P.C.
Plan history4
Yearassets · accounts · employer contribution
2025$34.8M · 162 accts · $300K emplr
2024$36.1M · 169 accts · $301K emplr
2023$33.8M · 172 accts · $300K emplr
2022$30.3M · 179 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,882
Total administrative$85,882
The Webber Metal Products, Inc. 401(k) match · 2024
Employer contribution per active participant$3,339
Median for plans this size$2,416
2025$3,371 per active participant
2024$3,339 per active participant
2023$3,261 per active participant
2022$3,488 per active participant

Webber Metal Products, Inc.'s 2024 employer contribution ran above 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 · 20243
NEWPORT GROUP, INC. · Recordkeeping · Pension consulting$35,134
NATIONWIDE · Recordkeeping · Custodial (securities)$2,363
INDEPENDENT FINANCIAL PARTNERS · Investment advisory (participants) · Investment advisory (plan)$43,701

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

Recordkeeper by year3
2025Ascensus, Nationwide, Newport (Ascensus)
2024Nationwide, Newport (Ascensus)
2023Nationwide, Newport (Ascensus)

This plan has changed recordkeepers within these filings. If you left Webber Metal Products, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$97,022 · 0.27%
2024$85,882 · 0.25%
2023$60,738 · 0.19%
2022$62,271 · 0.18%
Same employer
Similar plansManufacturing · Iowa
Doerfer Corporation IA$40.0M · 0.25%
Dyersville Ready Mix, Inc. IA$37.8M · 0.21%
Marshalltown Company IA$37.1M · 0.42%
Rousselot, Inc. IA$32.4M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 421120876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.