Retirement plan

METRON, INC. 401(K) PROFIT SHARING PLAN

Name: METRON, INC. - METRON, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: METRON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, METRON, INC. 401(K) PROFIT SHARING PLAN, METRON, INC.

METRON, INC.EIN 54-1280776Plan #001PY 2024

1818 LIBRARY ST., SUITE 600 - RESTON, VA 20190703-795-1822metsci.comLinkedIn201-500 employeesdefense & space

Other plans on this EIN

1 filing

#002Retirement-$57.4M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 20, 2019

Plan administrator

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1818 Library Street, Suite 600

Reston State: VA Zip Code: 20190

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Plans declared (1)

Metron, Incorporated Phantom Stock and Performance-Based Bonus Plan21 emp

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Total assets (EOY)

$67.7M

+8.9% from 2023

Total participants

344

-3.6% from 2023

Average account balance

$203,913

+12.5% from 2023

Annual return

15.59%

-3.63 pp from 2023

Benchmarks

See 2,063 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,063 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$67.70M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$204K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

332

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.59%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$247

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP5 years Filed as: USI ADVISORS INC Service code 16 95 GLASTONBURY BLVD · GLASTONBURY, CT 06033	Consulting	$57,497
T ROWE PRICE RPS INC6 years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$35,196

Plan features & details

Pension benefit codes2E2F2G2J2Q2R2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$82K

$382 / participant

Recordkeeping$35K42.9%
Other / not subdivided$47K57.1%

% of EOY assets

0.121%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: APRIO LLP
Auditor EIN: 571157523
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$203,913

$60,261+238.4%

$81,783+149.3%

$74,546+173.5%

Participation rate

94.4%

62.9%+31.6pp

72.4%+22.1pp

67.2%+27.2pp

Annual return

15.59%

16.88%-1.3pp

775.05%-759.5pp

1366.03%-1350.4pp

Employer contribution / active EE

$2,622-100.0%

$2,913-100.0%

$2,624-100.0%

Participant deferral / active EE

$16,090

$3,388+374.9%

$4,320+272.4%

$4,347+270.1%

Admin fee / account holder

$247

$1,482-83.3%

$7,380-96.7%

$1,944-87.3%

Provider

Service type

Compensation

USI CONSULTING GROUP5 years

Filed as: USI ADVISORS INC

Service code 16

95 GLASTONBURY BLVD · GLASTONBURY, CT 06033

Consulting

$57,497

T ROWE PRICE RPS INC6 years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$35,196

METRON, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

METRON, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion