Real Alloy Recycling, LLC 401(k) Review & Grade
Real Alloy Recycling 401(k) Plan
Beachwood, OHFinance & Insurance810 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,388Employer $ per active participant
$4,533Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$74.8MNet plan assets, end of year
$111,912Average balance per account
Score breakdown
- Employer generosity14.0 / 5028th percentile for employer $ per participant
- Low cost16.1 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving2.7 / 1518th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 28th |
| Lower admin cost | 65th |
| Employee saving | 18th |
| Peers that auto-enroll | 62% |
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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
- Real Alloy Recycling put in about $2,388 per active participant, below the typical peer ($3,606). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $1,934,676 |
| Participant (employee) contributions | $3,671,358 |
| Other contributions (incl. rollovers in) | $237,716 |
| Administrative expenses paid from the plan | $102,240 |
| Contract administrator fees | $102,240 |
| Benefits paid out | $7,295,274 |
| Net assets, start / end of year | $68.6M / $74.8M |
| Active participants, start / end of year | 818 / 802 |
| Participants with account balances | 668 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $102,239 reported compensation |
| Actuarial Benefits Corporation | $41,098 reported compensation |
| Ubs Financial Services, Inc. | $31,850 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014104027NAL0002656401001, received 2025-10-14, EIN 82-5404934, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.