Plan Ledger DOL Form 5500 · updated monthly

Exfo America Inc.401(k)

EXFO USA 401(K) PLAN · RICHARDSON, TX · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Exfo America Inc. reported $99,310 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $5,937 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 0.32% to 0.36%. 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 1,608th-largest of 5,688 plans among Texas employers on file, and the 4,706th of 13,661 in manufacturing. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has shrunk from 119 to 89 since 2022.

Plan summary
Net assets, end of year$28,214,254
Participants with balances183
Active participants89
Employer contributions$528,389
Employee contributions$1,308,368
Employer contribution per active participant$5,937
Average account balance$154,176
Benefits paid to participants$3,599,554
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 183 accts · $528K emplr
2023$26.6M · 195 accts · $598K emplr
2022$24.8M · 206 accts · $640K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,983
Investment management$88,327
Total administrative$99,310
The Exfo America Inc. 401(k) match · 2024
Employer contribution per active participant$5,937
Median for plans this size$2,416
2024$5,937 per active participant
2023$5,288 per active participant
2022$5,375 per active participant

Exfo America Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$71,759
EMPOWER ADVISORY GROUP, LLC · Investment management$16,568

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$99,310 · 0.36%
2023$87,284 · 0.34%
2022$88,437 · 0.32%
Similar plansManufacturing · Texas
Cimarron Energy, Inc. TX$28.4M · 0.52%
Dfb Pharmaceuticals, LLC TX$27.9M · 0.07%
Yunex LLC TX$27.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752456766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.