Superior Metal Products, Inc. 401(k) Review & Grade
American Trim L.L.C. Retirement Savings Plan · d/b/a American Trim
Lima, OHManufacturing534 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,698Employer $ per active participant
$3,769Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$59.4MNet plan assets, end of year
$130,942Average balance per account
Score breakdown
- Employer generosity17.7 / 5035th percentile for employer $ per participant
- Low cost19.1 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving5.0 / 1533th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 35th |
| Lower admin cost | 76th |
| Employee saving | 33th |
| 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
- Superior Metal Products put in about $1,698 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.
- 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 | $907,622 |
| Participant (employee) contributions | $2,014,344 |
| Other contributions (incl. rollovers in) | $101,952 |
| Administrative expenses paid from the plan | $53,524 |
| Investment advisory & management fees | $923 |
| Benefits paid out | $8,131,075 |
| Net assets, start / end of year | $58.4M / $59.4M |
| Active participants, start / end of year | 519 / 550 |
| Participants with account balances | 454 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $52,601 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010115319NAL0004568979001, received 2025-10-10, EIN 34-4476715, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.