Industry · Form 5500 business code 331400
Nonferrous Metal (except Aluminum) Production & Processing: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 110 retirement plans in nonferrous metal (except aluminum) production & processing with 100 or more participants filed Form 5500: 92 defined contribution and 18 defined benefit. They reported 72,118 participant records and $7.27B in net assets, counting every plan on the form.
The median defined contribution plan held $70,614 per participant, well above the national median of $53,031, and its employer put in $2,682 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $171 per participant against $123 nationally.
Employers contributed $218M and participants $212M during the year, and the plans paid out $857M in benefits.
In 2009 the same group numbered 144 plans with $3.48B; by 2024 it was 110 plans (down 24%) and $7.27B (up 109%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $70,614 | $53,031 | $88,728 | $86,234 |
| Employer contributions per active participant | $2,682 | $2,174 | $7,312 | $10,244 |
| Schedule C compensation per participant | $171 | $123 | $351 | $344 |
| Schedule C compensation, share of net assets | 0.26% | 0.26% | 0.63% | 0.42% |
| Administrative expenses per participant | $163 | $116 | $458 | $527 |
Medians across plans with 100 or more participants (85 DC and 18 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $45,988 | $70,614 | $113,874 | 85 |
| Employer contributions per active participant | $1,711 | $2,682 | $4,037 | 87 |
| Schedule C compensation per participant | $91.57 | $171 | $272 | 84 |
| Administrative expenses per participant | $97.59 | $163 | $293 | 83 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 110 | 72,118 | $7.27B | $218M | $212M | $70,614 | $171 |
| 2023 | 118 | 73,765 | $6.81B | $171M | $202M | $63,052 | $161 |
| 2022 | 131 | 75,798 | $6.12B | $151M | $188M | $55,721 | $168 |
| 2021 | 137 | 74,012 | $7.53B | $146M | $168M | $68,110 | $161 |
| 2020 | 137 | 73,041 | $7.00B | $170M | $153M | $64,046 | $134 |
| 2019 | 136 | 77,029 | $6.08B | $154M | $155M | $59,388 | $121 |
| 2018 | 134 | 75,134 | $5.10B | $140M | $135M | $50,094 | $104 |
| 2017 | 133 | 76,260 | $5.59B | $175M | $129M | $54,253 | $90.21 |
| 2016 | 135 | 80,960 | $5.15B | $151M | $125M | $50,544 | $55.14 |
| 2015 | 138 | 82,449 | $4.92B | $143M | $128M | $46,644 | $55.86 |
| 2014 | 138 | 74,004 | $4.38B | $137M | $120M | $49,036 | $54.90 |
| 2013 | 138 | 83,532 | $4.75B | $146M | $115M | $43,186 | $46.50 |
| 2012 | 142 | 85,310 | $4.16B | $202M | $109M | $35,929 | $35.84 |
| 2011 | 134 | 83,069 | $3.68B | $204M | $97.3M | $35,352 | $51.85 |
| 2010 | 143 | 90,638 | $3.88B | $161M | $94.8M | $35,785 | $48.44 |
| 2009 | 144 | 90,485 | $3.48B | $183M | $86.9M | $34,010 | $46.65 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 111 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 111 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Precision Castparts Corp. Retirement Plan | Precision Castparts Corp. | OR | DB | 8,000 | $1.20B | $150,391 | $0 | $131 |
| Wieland North America, Inc. Retirement Savings Plan | Wieland North America, Inc. | KY | DC | 3,729 | $425M | $113,874 | $6,248 | $133 |
| Materion Corporation Retirement Savings Plan | Materion Corporation | OH | DC | 3,196 | $502M | $157,105 | $3,316 | $121 |
| Nibco Inc. Employee Stock Ownership Plan | Nibco Inc. | IN | DC | 2,369 | $364M | $153,521 | $1,883 | $34.50 |
| Constellium Retirement Plan | Constellium US Holdings I, LLC | MD | DC | 2,207 | $246M | $111,689 | $9,963 | $88.48 |
| Encore Wire Corporation 401(k) Profit Sharing Plan | Encore Wire Corporation | TX | DC | 2,039 | $82.5M | $40,458 | $2,780 | $38.64 |
| Commonwealth Rolled Products, Inc. Hourly Employees Pension Plan | Commonwealth Rolled Products, Inc. | KY | DB | 1,990 | $117M | $58,831 | $4,503 | $156 |
| The Bodycote International, Inc. Retirement Plan | Bodycote Imt, Inc. | TX | DC | 1,984 | $140M | $70,614 | $3,642 | $156 |
| Ellwood 401(k) Retirement Plan | Ellwood City Forge | PA | DC | 1,792 | $311M | $173,353 | $6,474 | $93.51 |
| Constellium Rolled Products-Ravenswood LLC Hourly Employees Retirement Plan | Constellium Rolled Products-Ravenswood LLC | WV | DB | 1,708 | $159M | $93,229 | $18,871 | $1,214 |
| Superior Essex 401(k) Plan | Superior Essex Inc. | GA | DC | 1,651 | $188M | $113,919 | $3,050 | $178 |
| Form Technologies 401(k) Plan | Form Technologies, Inc. | NC | DC | 1,648 | $159M | $96,497 | $2,772 | $86.60 |
| Oerlikon USA 401(k) Plan | Oerlikon USA Holding, Inc. | NY | DC | 1,642 | $220M | $133,826 | $4,122 | $163 |
| Nibco Inc. Profit Sharing & 401(k) Savings Plan | Nibco Inc. | IN | DC | 1,364 | $145M | $106,125 | $0 | $58.07 |
| Haynes International, Inc. Combined Profit Sharing and Savings Plan | Haynes International, Inc. | IN | DC | 1,345 | $123M | $91,654 | $2,724 | $158 |
| Indium Corporation of America Employees' Profit Sharing and 401(k) Plan | The Indium Corporation of America | NY | DC | 1,220 | $103M | $84,535 | $3,484 | $272 |
| Materion Corporation Pension Plan | Materion Corporation | OH | DB | 1,164 | $129M | $111,061 | — | $501 |
| RSR North America Corp. Retirement Income Pension Plan | Ebobat Resources US, LLC | TX | DB | 1,080 | $63.7M | $58,984 | $19,083 | — |
| Trivium Packaging 401(k) Plan | Trivium Packaging USA Inc. | OH | DC | 1,050 | $111M | $105,942 | $4,813 | $65.84 |
| International Wire Retirement Savings Plan | International Wire Group, Inc. | NY | DC | 976 | $104M | $106,430 | $1,924 | $172 |
| Haynes International, Inc. Pension Plan | Haynes International, Inc. | IN | DB | 971 | $227M | $233,576 | $25,424 | $356 |
| Beitzel Group 401(k) Plan | Beitzel Corporate Services | MD | DC | 927 | $34.1M | $36,824 | $1,300 | $77.60 |
| Central Motor Wheel of America 401(k) Plan | Central Motor Wheel of America | KY | DC | 874 | $68.6M | $78,449 | $2,541 | $232 |
| The Perryman Company New Comparability Profit Sharing Plan | The Perryman Company | PA | DC | 833 | $102M | $121,916 | $9,438 | $323 |
| Welspun Tubular, LLC Retirement Savings Plan | Welspun Tubular, LLC | AR | DC | 811 | $16.4M | $20,257 | $2,066 | $150 |
| Rea Magnet Wire Company, Inc. Employees' Retirement Savings Plan | Rea Magnet Wire Company, Inc. | IN | DC | 766 | $87.4M | $114,077 | $3,957 | $33.42 |
| Constellium Rolled Products Ravenswood, LLC Plan for Union Employees | Constellium US Holdings I, LLC | MD | DC | 736 | $41.4M | $56,223 | $1,705 | $75.21 |
| North Star Bluescope Steel LLC Retirement Partnership | North Star Bluescope Steel LLC | OH | DC | 723 | $162M | $223,849 | $8,653 | $8.17 |
| GTP Savings Plan | Global Tungsten & Powders LLC | PA | DC | 674 | $98.9M | $146,738 | $2,613 | $450 |
| Kymera International 401(k) Plan | Kymera International | NC | DC | 645 | $32.5M | $50,347 | $2,814 | $31.88 |
| Opta Group LP 401(k) Plan | Opta Group LP | PA | DC | 628 | $34.9M | $55,589 | $2,311 | $139 |
| Pension Plan for Employees of Advanced Silicon Materials, LLC | Rec Advanced Silicon Materials, LLC | MT | DB | 603 | $28.4M | $47,110 | $3,017 | $252 |
| Elmet Technologies Retirement Plan | Elmet Technologies LLC | ME | DC | 599 | $98.8M | $164,862 | $3,812 | $65.08 |
| Majestic Steel USA, Inc. 401(k) Profit Sharing Plan & Trust | Majestic Steel USA, Inc. | OH | DC | 571 | $45.8M | $80,169 | $3,360 | $164 |
| Gopher Resource, LLC Tax Deferred Savings Plan & Trust | Gopher Resource, LLC | MN | DC | 533 | $41.4M | $77,668 | $4,192 | $96.28 |
| Wieland Rolled Products North America Buffalo, Inc. and United Steelworkers Local 593 401(k) Retirement Plan | Wieland Rolled Products North America Buffalo, Inc. | NY | DC | 527 | $45.0M | $85,303 | $1,279 | $170 |
| Joseph Smith & Sons, Inc. 401(k) PS Plan | Smith Industries, Inc. | MD | DC | 523 | $6.2M | $11,779 | $293 | $46.82 |
| Pension Plan for Hourly Ees of Wieland Rolled Products NA Buffalo, Inc. | Wieland Rolled Products North America Buffalo, Inc. | NY | DB | 510 | $43.0M | $84,226 | — | $161 |
| Aleris Cash Balance Plan | Novelis Alr Rolled Products, Inc. | GA | DB | 490 | $19.2M | $39,216 | — | $346 |
| Flat Rock Metal Inc. 401(k) Retirement Savings Plan | Flat Rock Metal | MI | DC | 478 | $31.7M | $66,321 | $1,583 | $227 |
By plan size
By state
Questions and answers
How many retirement plans are there in nonferrous metal (except aluminum) production & processing?
110 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 144 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in nonferrous metal (except aluminum) production & processing?
The median defined contribution plan reported $70,614 in net assets per participant (middle half of plans: $45,988 to $113,874); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in nonferrous metal (except aluminum) production & processing?
The median defined contribution plan received $2,682 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in nonferrous metal (except aluminum) production & processing?
Among defined contribution plans that report any Schedule C compensation, the median was $171 per participant and 0.26% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.