Plan Snapshot
- Plan Sponsor: Metalex Manufacturing, INC.
- Sponsor EIN: 311122107
- Sponsor Address: 5750 CORNELL ROAD, CINCINNATI, OH, 45242
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $44.7M
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 | 104 | $44.7M | $354,515 | $1.1M |
| 2023 | 101 | $41.6M | $349,152 | $1.1M |
| 2022 | 104 | $34.9M | $337,577 | $990,737 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $10,500 | — | $10,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,500
- Estimated Expense Ratio: 0.024% of plan assets
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 | $108,015 | $52,000 | — | $10,500 | — |
| 2023 | $99,325 | $50,000 | — | $8,500 | — |
| 2022 | $106,644 | $54,167 | — | — | $52,477 |