Employers › Materion
Recordkeeping fees per participant · Materion Corporation Retirement Savings Plan · plan year 2024
$63.44
Higher than 69% of the 1,697 plans $250M to 1B that report it.
= $211,756 / 3,338
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627142258NAL0009843937001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627142258NAL0009843937001, received 2025-06-27
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-27.
Administrative expenses excluding investment management, per participant
$84.62
Higher than 66% of the 2,324 plans $250M to 1B that report it.
= $282,448 / 3,338
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627142258NAL0009843937001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627142258NAL0009843937001, received 2025-06-27
Administrative expenses per participant
$130.60
Higher than 75% of the 2,405 plans $250M to 1B that report it.
= $435,947 / 3,338
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627142258NAL0009843937001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627142258NAL0009843937001, received 2025-06-27
Administrative expenses as a share of assets
0.094%
Higher than 63% of the 2,407 plans $250M to 1B that report it.
= $435,947 / $465,773,745
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627142258NAL0009843937001, received 2025-06-27
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627142258NAL0009843937001, received 2025-06-27
Employer contributions per participant
$3,886
Higher than 62% of the 2,457 plans $250M to 1B that report it.
= $12,972,295 / 3,338
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627142258NAL0009843937001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627142258NAL0009843937001, received 2025-06-27
Employer share of total contributions
38.1%
Higher than 71% of the 2,459 plans $250M to 1B that report it.
= $12,972,295 / $34,051,347
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627142258NAL0009843937001, received 2025-06-27
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627142258NAL0009843937001, received 2025-06-27
Plan terms are described in Materion Corporation's SEC filings: Form 11-K filed 2026-06-26 and Form 10-K filed 2026-02-12. No term could be quoted from them with the required precision.
2H partially participant-directed · 2F ERISA 404(c) plan · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250627142258NAL0009843937001, received 2025-06-27
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MATERION CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Plan name | MATERION CORPORATION RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Sponsor EIN / plan number | 34-1919973 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Sponsor location | MAYFIELD HEIGHTS, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Industry (business code) | 331400, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Filing received | 2025-06-27 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Participants, beginning of year | 3,562 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Active participants | 2,270 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Participants, end of year | 3,376 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Participants with an account balance | 3,338 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Total assets, beginning of year | $424,599,221 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Total assets, end of year | $465,773,745 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Net assets, end of year | $465,773,745 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Total income | $88,325,411 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Net income | $41,174,524 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Employer contributions | $12,972,295 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Participant contributions | $18,878,347 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Other contributions (incl. rollovers) | $2,200,705 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Total contributions | $34,051,347 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Benefit payments | $46,634,176 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Total expenses (incl. benefit payments) | $47,150,887 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Total administrative expenses | $435,947 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Contract administrator fees | $1,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Recordkeeping fees | $211,756 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| IQPA audit fees | $46,800 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Investment advisory and management fees | $153,499 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Administrative expenses excluding investment management | $282,448 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Held in common/collective trusts | $247,612,824 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Held in mutual funds | $152,797,818 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250627142258NAL0009843937001, received 2025-06-27 |
| Independent auditor | MEADEN & MOORE LTD | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250627142258NAL0009843937001, received 2025-06-27 |
Position = column in the DOL layout for form year 2024. Filing 20250627142258NAL0009843937001, received 2025-06-27.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $212,880 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $101,623 | no |
| CLEARSTEAD ADVISORS, LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $51,876 | no |
| MEADEN & MOORE LTD | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $46,800 | no |
| THOMPSON HINE | ATTORNEY/LEGAL | 29 Legal | $22,692 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250627142258NAL0009843937001, received 2025-06-27.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $424,599,221 | $465,773,745 | 9.7% |
| Participants with a balance | 3,511 | 3,338 | -4.9% |
| Administrative expenses | $444,504 | $435,947 | -1.9% |
| Recordkeeping fees per participant | $63.90 | $63.44 | -0.7% |
| Employer contributions | $13,577,754 | $12,972,295 | -4.5% |
Prior filing 20240625152845NAL0007608609001, received 2024-06-25; the plan years are contiguous.
Sponsor name as filed: MATERION CORPORATION; SEC registrant: MATERION Corp (CIK 1104657, matched by EIN; display name from the Form 11-K cover).