Plan Ledger DOL Form 5500 · updated monthly

Derry Enterprises, Inc. dba Field Fastener Supply Company401(k)

FIELD 401(K) RETIREMENT PLAN · MACHESNEY PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Derry Enterprises, Inc. dba Field Fastener Supply Company reported $83,947 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,546 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 fell from 0.54% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,644th-largest of 3,702 plans among Illinois employers on file, and the 5,708th of 13,661 in manufacturing. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 182 to 296 since 2022.

Plan summary
Net assets, end of year$21,230,009
Participants with balances322
Active participants296
Employer contributions$1,049,717
Employee contributions$1,619,029
Employer contribution per active participant$3,546
Average account balance$65,932
Benefits paid to participants$1,211,513
Plan auditUnmodified (clean) audit opinion
AuditorSMITH HOWARD PC
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 322 accts · $1.0M emplr
2023$17.1M · 263 accts · $721K emplr
2022$12.2M · 197 accts · $560K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,947
Investment management$40,000
Total administrative$83,947
The Derry Enterprises, Inc. dba Field Fastener Supply Company 401(k) match · 2024
Employer contribution per active participant$3,546
Median for plans this size$2,416
2024$3,546 per active participant
2023$2,993 per active participant
2022$3,075 per active participant

Derry Enterprises, Inc. dba Field Fastener Supply Company's 2024 employer contribution ran above the $2,416 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$43,972
CHOREO LLC · Investment advisory (plan)$40,000

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$83,947 · 0.44%
2023$73,114 · 0.50%
2022$69,559 · 0.54%
Same employer
Similar plansManufacturing · Illinois
Assertio Management, LLC IL$21.5M · 0.43%
Fca, LLC IL$21.3M · 0.79%
Paxxus, Inc. IL$20.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363733336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.