Plan Ledger DOL Form 5500 · updated monthly

Arizona Fasteners Corp401(k)

ARIZONA FASTENERS CORPORATION 401(K) PROFIT SHARING PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Arizona Fasteners Corp reported $75,499 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $616 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 0.59% to 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Arizona (757th of 1,285), and 3,449th of 4,246 in wholesale trade. In 2024, employees put in $4.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,301,594
Participants with balances326
Active participants276
Employer contributions$170,075
Employee contributions$817,942
Employer contribution per active participant$616
Average account balance$19,330
Benefits paid to participants$438,139
Plan auditUnmodified (clean) audit opinion
AuditorFORUSALL INC.
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 326 accts · $170K emplr
2023$5.2M · 340 accts · $157K emplr
2022$4.0M · 395 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,496
Investment management$27,003
Total administrative$75,499
The Arizona Fasteners Corp 401(k) match · 2024
Employer contribution per active participant$616
Median for plans this size$1,313
2024$616 per active participant
2023$615 per active participant
2022$545 per active participant

Arizona Fasteners Corp'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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$48,496
FORUSALL ADVISORS · Investment advisory (plan)$19,570
FORUSALL ADVISORS. · Investment advisory (plan)$7,433

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$75,499 · 1.31%
2023$47,240 · 1.02%
2022$23,755 · 0.59%
Same employer
Similar plansWholesale Trade · Arizona
Metro Fire Equipment AZ$7.8M · 0.01%
Arizona Partsmaster, LLC AZ$7.0M · 0.70%
Longust Distributing, LLC AZ$6.6M · 0.40%
Tilt Holdings Inc. AZ$1.9M · 1.53%
Romer Beverage Company AZ$932K · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860490708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.