Industry · Form 5500 business code 332900
Other Fabricated Metal Product Mfg: 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, 1,059 retirement plans in other fabricated metal product mfg with 100 or more participants filed Form 5500: 973 defined contribution and 86 defined benefit. They reported 690,086 participant records and $54.8B in net assets, counting every plan on the form.
The median defined contribution plan held $60,781 per participant, above the national median of $53,031, and its employer put in $1,965 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $165 per participant against $123 nationally.
Employers contributed $1.50B and participants $1.95B during the year, and the plans paid out $7.76B in benefits.
In 2009 the same group numbered 1,536 plans with $35.2B; by 2024 it was 1,059 plans (down 31%) and $54.8B (up 56%). 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 | $60,781 | $53,031 | $48,080 | $86,234 |
| Employer contributions per active participant | $1,965 | $2,174 | $8,534 | $10,244 |
| Schedule C compensation per participant | $165 | $123 | $328 | $344 |
| Schedule C compensation, share of net assets | 0.30% | 0.26% | 0.57% | 0.42% |
| Administrative expenses per participant | $154 | $116 | $523 | $527 |
Medians across plans with 100 or more participants (921 DC and 86 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 | $38,503 | $60,781 | $94,788 | 921 |
| Employer contributions per active participant | $1,117 | $1,965 | $3,087 | 896 |
| Schedule C compensation per participant | $87.47 | $165 | $266 | 852 |
| Administrative expenses per participant | $72.60 | $154 | $251 | 875 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 157 | 109,085 | $9.35B | $194M | $336M | $71,772 | $156 |
| 2024 | 1,059 | 690,086 | $54.8B | $1.50B | $1.95B | $60,781 | $165 |
| 2023 | 1,103 | 749,550 | $58.2B | $1.51B | $2.07B | $56,580 | $146 |
| 2022 | 1,269 | 785,020 | $53.6B | $1.39B | $2.00B | $46,310 | $137 |
| 2021 | 1,271 | 767,069 | $64.5B | $1.35B | $1.82B | $56,417 | $153 |
| 2020 | 1,281 | 762,012 | $60.9B | $1.36B | $1.66B | $54,537 | $128 |
| 2019 | 1,312 | 782,633 | $56.1B | $1.39B | $1.62B | $47,712 | $117 |
| 2018 | 1,330 | 779,198 | $49.1B | $1.31B | $1.53B | $40,838 | $105 |
| 2017 | 1,348 | 813,457 | $55.3B | $1.71B | $1.51B | $44,850 | $87.14 |
| 2016 | 1,366 | 835,525 | $51.6B | $1.43B | $1.42B | $40,806 | $71.08 |
| 2015 | 1,381 | 842,838 | $49.1B | $1.35B | $1.40B | $38,025 | $60.89 |
| 2014 | 1,398 | 854,595 | $50.8B | $1.38B | $1.28B | $38,106 | $53.52 |
| 2013 | 1,402 | 903,294 | $50.4B | $1.41B | $1.37B | $37,277 | $44.82 |
| 2012 | 1,405 | 909,266 | $44.6B | $1.55B | $1.25B | $33,517 | $38.74 |
| 2011 | 1,407 | 947,505 | $40.9B | $1.79B | $1.21B | $30,368 | $41.42 |
| 2010 | 1,450 | 943,769 | $39.9B | $1.55B | $1.09B | $31,457 | $39.58 |
| 2009 | 1,536 | 990,171 | $35.2B | $1.21B | $1.08B | $26,533 | $36.43 |
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 1,057 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 1,057 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Marmon Employees' Retirement Plan | Marmon Holdings, Inc. | IL | DC | 22,250 | $1.69B | $76,159 | $4,939 | $66.50 |
| The Trane Merged Hourly Pension Plan | Trane U.S. Inc. | NC | DB | 13,180 | $726M | $55,057 | $8,534 | — |
| Lippert Components, Inc. Employee Retirement Savings Plan | Lippert Components, Inc. | IN | DC | 11,151 | $371M | $33,242 | $1,193 | $50.21 |
| Ball Corporation 401(k) and Employee Stock Ownership Plan | Ball Corporation | CO | DC | 10,576 | $2.26B | $213,633 | $4,725 | $113 |
| Ball Pension Plan | Ball Corporation | CO | DB | 9,883 | $901M | $91,128 | — | $202 |
| Valmont Employee Retirement Savings Plan | Valmont Industries, Inc. | NE | DC | 8,629 | $766M | $88,818 | $3,230 | $95.37 |
| Mauser Packaging Solutions 401(k) Plan | Bway Corporation | GA | DC | 7,033 | $357M | $50,758 | $2,018 | $94.24 |
| Schaeffler Group USA Savings Retirement Plan | Schaeffler Group USA Inc. | SC | DC | 6,584 | $800M | $121,523 | $4,117 | $26.54 |
| Swagelok Retirement Savings Plan | Swagelok Company | OH | DC | 6,519 | $2.63B | $403,014 | $5,403 | $123 |
| Marmon Consolidated Retirement Plan | Marmon Engineered Components Company | IL | DC | 6,333 | $149M | $23,537 | $1,594 | $72.14 |
| Miter Brands 401(k) Plan | Mi Windows and Doors, LLC | PA | DC | 6,312 | $304M | $48,130 | $2,272 | $81.14 |
| A O Smith Retirement Security Plan | A O Smith Corporation | WI | DC | 6,080 | $618M | $101,596 | $2,322 | — |
| Trane 401(k) and Thrift Plan | Trane U.S. Inc. | NC | DC | 5,912 | $248M | $42,020 | $1,647 | — |
| National Organization of Industrial Trade Unions Individual Account Plan | National Organization of Industrial Trade Unions | NY | DC | 5,848 | $124M | $21,197 | $1,908 | $152 |
| NTN Retirement Savings Plan | NTN USA Corporation | IL | DC | 5,289 | $311M | $58,861 | $2,271 | $77.79 |
| Dematic Corp. 401(k) Retirement Plan | Dematic Corp. | MI | DC | 5,153 | $844M | $163,723 | $6,644 | $126 |
| Tenaris 401(k) Savings Plan | Maverick Tube Corporation | TX | DC | 4,793 | $366M | $76,389 | $7,398 | $234 |
| Autokiniton Retirement Savings Plan | Autokiniton US Holdings, Inc. | MI | DC | 4,726 | $337M | $71,243 | $2,073 | $80.16 |
| Chart Industries, Inc. 401(k) Investment and Savings Plan | Chart Industries, Inc. | GA | DC | 4,689 | $428M | $91,331 | $3,304 | $39.71 |
| Sandvik Pension Plan | Sandvik, Inc. | NC | DB | 4,638 | $589M | $126,960 | — | $259 |
| GKN U.S. Retirement Savings Plan | GKN Driveline North America, Inc. | MI | DC | 4,416 | $394M | $89,278 | $2,501 | $97.03 |
| Sandvik 401(k) Retirement Plan | Sandvik, Inc. | NC | DC | 4,401 | $693M | $157,467 | $8,969 | $40.80 |
| Worthington Enterprises, Inc. 401(k) Plan | Worthington Enterprises, Inc. | OH | DC | 4,209 | $483M | $114,799 | $4,616 | $26.05 |
| Hollow Metal Pension Fund | Hollow Metal Pension Fund | NY | DB | 4,204 | $76.8M | $18,276 | $3,991 | $117 |
| Mueller Group, LLC Pension Plan for Selected Employees | Mueller Group, LLC | GA | DB | 4,203 | $285M | $67,768 | — | $362 |
| Overhead Door Corporation Retirement Savings Plan | Overhead Door Corporation | TX | DC | 4,105 | $293M | $71,485 | $3,135 | $109 |
| Circor International, Inc. Retirement Plan | Circor International, Inc. | MA | DB | 4,016 | $144M | $35,979 | — | $246 |
| Ball Corporation Consolidated Hourly Pension Plan | Ball Corporation | CO | DB | 3,933 | $165M | $41,886 | $7,502 | $175 |
| Roller Bearing Company of America 401(k) Plan | Roller Bearing Co. of America, Inc. | CT | DC | 3,909 | $280M | $71,738 | $5,523 | $126 |
| Silgan Closed Pension Plan | Silgan Containers Manufacturing Corporation | CA | DB | 3,834 | $368M | $96,031 | — | $353 |
| Steel Partners 401(k) Savings Plan | Steel Services Ltd. | NY | DC | 3,726 | $287M | $77,137 | $1,713 | $51.93 |
| Ttai 401(k) Plan | Toyotetsu America, Inc. | KY | DC | 3,446 | $89.9M | $26,093 | $912 | $81.94 |
| Samuel, Son & Co. (USA), Inc. 401(k) Plan | Samuel, Son & Co. (USA), Inc. | IL | DC | 3,441 | $225M | $65,424 | $3,144 | $136 |
| Keystone Employees' Retirement Plan | Keystone Consolidated Industries | IL | DB | 3,438 | $369M | $107,201 | — | $266 |
| Zurn Elkay 401(k) Plan | Zurn LLC | WI | DC | 3,415 | $367M | $107,583 | $2,599 | $138 |
| Senior Operations LLC 401(k) Profit Sharing Investment Plan | Senior Operations LLC | IL | DC | 3,295 | $359M | $108,848 | $3,241 | $72.76 |
| Captive-Aire Systems, Inc. 401(k) Plan | Captive-Aire Systems, Inc. | NC | DC | 3,133 | $161M | $51,486 | $2,066 | $12.37 |
| Barnes Group Inc. Consolidated Pension Plan | Barnes Group Inc. | CT | DB | 3,058 | $295M | $96,407 | — | $493 |
| Watts Water Technologies, Inc. 401(k) Savings Plan | Watts Water Technologies, Inc. | MA | DC | 3,025 | $342M | $113,194 | $3,736 | $71.81 |
| Charter Manufacturing Company, Inc. Profit Sharing & Retirement Plan | Charter Manufacturing Company, Inc. | WI | DC | 2,894 | $503M | $173,904 | $6,407 | $77.81 |
By plan size
By state
Questions and answers
How many retirement plans are there in other fabricated metal product mfg?
1,059 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 1,464 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 other fabricated metal product mfg?
The median defined contribution plan reported $60,781 in net assets per participant (middle half of plans: $38,503 to $94,788); 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 other fabricated metal product mfg?
The median defined contribution plan received $1,965 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 other fabricated metal product mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $165 per participant and 0.30% 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.