Metrie Inc. 401(k) Review & Grade
Metrie 401(k) Retirement Savings Plan
Blaine, WAWholesale Trade1,212 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,879Employer $ per active participant
$3,158Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$84.9MNet plan assets, end of year
$89,879Average balance per account
Score breakdown
- Employer generosity26.7 / 5053th percentile for employer $ per participant
- Low cost21.0 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 84th |
| Employee saving | 24th |
| Peers that auto-enroll | 53% |
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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
- Metrie put in about $1,879 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $2,276,849 |
| Participant (employee) contributions | $3,826,415 |
| Other contributions (incl. rollovers in) | $1,430,607 |
| Administrative expenses paid from the plan | $47,376 |
| Contract administrator fees | $19,694 |
| Investment advisory & management fees | $25,199 |
| Other admin expenses | $2,483 |
| Benefits paid out | $4,378,555 |
| Net assets, start / end of year | $71.7M / $84.9M |
| Active participants, start / end of year | 1,179 / 1,244 |
| Participants with account balances | 945 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | KBF Cpas-Audit, LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $22,208 reported compensation |
| Voya Retirement Advisors, LLC | $16,880 reported compensation |
| Leaf | $8,298 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015183942NAL0002878627001, received 2025-10-15, EIN 91-0849242, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.