Department of Labor filing

EASTERN METAL SUPPLY, INC.

EASTERN METAL SUPPLY, INC. 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Sep 23, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

24filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,142

Reported employer contributions per active participant.

Higher than about 23% of comparable plans

#People in the filing

850

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$173 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 26% of comparable plans

↗Investment performance

Not available

Plan assets changed 8.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202424out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions23rd percentileTypical peer $1,958 · based on 346 comparable plans

Lower reported administrative expense26th percentileTypical peer $114 · based on 343 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, EASTERN METAL SUPPLY, INC. reported $970,332 in employer contributions across the plan and 850 active participants. That works out to $1,142 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy83%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 10.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 171.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context24/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $970,332
Participant contributions: $3,183,572
Other contributions: $135,547
Employer share of reported contributions: 23.4%
Beginning assets: $45,768,346
Ending assets: $49,637,214
Ending net assets: $49,526,861
Ending liabilities: $110,353
Total income: $9,773,354
Total expenses: $5,888,533
Administrative expenses: $203,033
Participant loans: $1,070,205

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,275

2023

$1,263

2024

$1,142

Plan-paid administrative expenses per participant

2022

$64

2023

$155

2024

$173

Active participants

2022

731

2023

812

2024

850

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,142	850	49.6M	20250923142652NAL0008149235001
2023	$1,263	812	45.8M	20241001121641NAL0011536352001
2022	$1,275	731	38.2M	20230908153842NAL0016665457001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 592249307-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Dec 1, 1983
Industry: Wholesale trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D3H

Current plan terms

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Filing ACK_ID20250923142652NAL0008149235001

Data sourceDOL Form 5500 bulk data ↗

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