Plan Ledger DOL Form 5500 · updated monthly

Z & M Sheet Metal, Inc.Profit-sharing plan

Z & M SHEET METAL, INC. PROFIT SHARING PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Z & M Sheet Metal, Inc. reported $34,210 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $2,586 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 0.41% to 0.35%. 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 Virginia (1,452nd of 2,266), and 8,706th of 13,661 in manufacturing. active participation has grown from 105 to 116 since 2022.

Plan summary
Net assets, end of year$10,155,941
Participants with balances132
Active participants116
Employer contributions$300,000
Employee contributions—
Employer contribution per active participant$2,586
Average account balance$76,939
Benefits paid to participants$204,266
Plan auditUnmodified (clean) audit opinion
AuditorGOFF BACKA ALFERA & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 132 accts · $300K emplr
2023$9.4M · 129 accts · $500K emplr
2022$8.1M · 127 accts · $500K emplr
Administrative expenses, itemized · 2024
Investment management$34,210
Total administrative$34,210
Employer contributions to the Z & M Sheet Metal, Inc. plan · 2024
Employer contribution per active participant$2,586
Median for plans this size$1,313
2024$2,586 per active participant
2023$4,386 per active participant
2022$4,762 per active participant

Z & M Sheet Metal, Inc.'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 · 20241
MCKINLEY CARTER · Investment management$34,210

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

Administrative cost history3
2024$34,210 · 0.35%
2023$35,880 · 0.41%
2022$36,292 · 0.41%
Same employer
Similar plansManufacturing · Virginia
Global Technical Systems VA$10.9M · 0.67%
Pre Con, Inc. VA$10.9M · 0.47%
Stamptech Inc. VA$10.5M · 0.56%
McKinnon and Harris, Inc. VA$10.1M · 0.48%
Artisan Packaging, LLC VA$10.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540808788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.