# Met-Con Companies, INC. 401(k) Plan
Source: https://planprovider.pro/companies/met-con-companies-inc-401k-plan

> Met-Con Companies, INC.'s 401(k) plan: 199 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Met-Con Companies, INC.

- **Sponsor EIN:** 411860307

- **Sponsor Address:** 15760 ACORN TRAIL, FARIBAULT, MN, 55021

- **Plan Type:** 401(k)

- **Total Participants:** 199

- **Total Assets:** $21.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|199|$21.8M|$319,170|$1.2M|

| 2023|189|$18.9M|$318,576|$1.1M|

| 2022|194|$15.1M|$224,187|$979,367|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| BALLENTHIN, FUNK & JOHNSON, LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$27,426|$43,424|—|—|—|

| 2023|$6,908|$35,795|—|—|—|

| 2022|$9,683|—|—|—|—|

## Similar Plans

- [Anderson Group, INC.](https://planprovider.pro/companies/anderson-group-inc-401k-plan-001-3467) — 203 participants

- [Wieser Brothers General Contractor, INC.](https://planprovider.pro/companies/wieser-brothers-general-contractor-inc-401k-plan) — 164 participants

- [Belair Builders, INC.](https://planprovider.pro/companies/belair-builders-inc-401k-plan) — 162 participants

- [Greystone Construction Company](https://planprovider.pro/companies/greystone-construction-company-401k-plan) — 147 participants

- [Rice Companies, INC.](https://planprovider.pro/companies/rice-companies-inc-401k-plan) — 145 participants

- [Knutson Holdings, INC.](https://planprovider.pro/companies/knutson-holdings-inc-401k-plan) — 144 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/met-con-companies-inc-401k-plan)

© 2026 PlanProvider.Pro