Plan Ledger DOL Form 5500 · updated monthly

A-1 Fiberglass401(k)

A-1 FIBERGLASS 401(K) PROFIT SHARING PLAN · HASTINGS, NE · plan year 2024

Reported admin expense ratio · 2024
0.90%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

A-1 Fiberglass reported $29,024 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $524 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.84% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Nebraska (498th of 565), and 12,072nd of 13,661 in manufacturing. In 2024, employees put in $3.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,393,253
Participants with balances108
Active participants105
Employer contributions$55,061
Employee contributions$196,921
Employer contribution per active participant$524
Average account balance$31,419
Benefits paid to participants$326,894
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 108 accts · $55K emplr
2023$3.1M · 107 accts · $48K emplr
2022$2.8M · 111 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,024
Total administrative$29,024
The A-1 Fiberglass 401(k) match · 2024
Employer contribution per active participant$524
Median for plans this size$1,313
2024$524 per active participant
2023$462 per active participant
2022$441 per active participant

A-1 Fiberglass's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,024
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$29,024 · 0.90%
2023$27,648 · 0.95%
2022$26,341 · 0.84%
Same employer
Similar plansManufacturing · Nebraska
Oxbow Enterprises, LLC NE$4.8M · 0.08%
Kinney Manufacturing, LLC NE$3.9M · 0.70%
Metalworks, Inc. NE$3.8M · 0.07%
Yasufuku U.S.A., Inc. NE$1.5M · 1.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470776618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.