Plan Snapshot
- Plan Sponsor: Metals Technology Corporation
- Sponsor EIN: 362717867
- Sponsor Address: 120 NORTH SCHMALE ROAD, CAROL STREAM, IL, 601882151
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 88 | $4.0M | $73 | $93,844 |
| 2023 | 125 | $4.1M | $0 | $92,092 |
| 2022 | 138 | $3.6M | $0 | $99,931 |
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 |
|---|---|---|---|---|
| SIKICH 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 | $651,238 | — | $4,240 | — | — |
| 2023 | $196,349 | — | $2,688 | — | — |
| 2022 | $1,687 | — | — | — | — |