Pioneer Metal Finishing, LLC 401(k) Review & Grade
Pioneer Metal Finishing, LLC Retirement Savings Plan
Green Bay, WIManufacturing760 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,742Employer $ per active participant
$3,153Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$38.6MNet plan assets, end of year
$42,091Average balance per account
Score breakdown
- Employer generosity18.1 / 5036th percentile for employer $ per participant
- Low cost9.9 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1525th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 39th |
| Employee saving | 25th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Pioneer Metal Finishing put in about $1,742 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,324,814 |
| Participant (employee) contributions | $2,397,620 |
| Other contributions (incl. rollovers in) | $110,107 |
| Administrative expenses paid from the plan | $115,990 |
| Investment advisory & management fees | $44,232 |
| Other admin expenses | $12,739 |
| Benefits paid out | $6,866,179 |
| Net assets, start / end of year | $36.4M / $38.6M |
| Active participants, start / end of year | 816 / 705 |
| Participants with account balances | 917 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $59,019 reported compensation |
| Global Retirement Partners LLC | $44,232 reported compensation |
| Pioneer Metal Finishing LLC | $12,739 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015143625NAL0002579779001, received 2025-10-15, EIN 39-1895600, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.