Plan Snapshot
- Plan Sponsor: Metglas INC
- Sponsor EIN: 270062586
- Sponsor Address: 440 ALLIED DRIVE, CONWAY, SC, 29526
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $20.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 197 | $20.9M | $452,003 | $901,482 |
| 2023 | 172 | $21.1M | $446,968 | $786,259 |
| 2022 | 130 | $19.6M | $432,813 | $700,876 |
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 |
|---|---|---|---|---|
| WEBSTER ROGERS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEBSTER ROGERS, LLP — Auditor
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 | $3,773 | $2,123 | — | — | — |
| 2023 | $3,787 | $2,562 | — | — | — |
| 2022 | $3,489 | $2,089 | — | — | — |