Plan Ledger DOL Form 5500 · updated monthly

F & V Companies Inc401(k)

FLEIS & VANDENBRINK ENGINEERING, INC. 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

F & V Companies Inc reported $101,530 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $205 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 0.08% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 891st-largest of 2,619 plans among Michigan employers on file, and the 4,793rd of 11,654 in professional & technical services. In 2024, employees put in $37.39 for every $1.00 the employer contributed; active participation has grown from 261 to 296 since 2022.

Plan summary
Net assets, end of year$24,757,888
Participants with balances364
Active participants296
Employer contributions$60,778
Employee contributions$2,272,230
Employer contribution per active participant$205
Average account balance$68,016
Benefits paid to participants$1,540,679
Plan auditUnmodified (clean) audit opinion
AuditorVANDERPLOEG BERGAKKER & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 364 accts · $61K emplr
2023$21.0M · 395 accts
2022$16.8M · 370 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,605
Investment management$43,925
Total administrative$101,530
The F & V Companies Inc 401(k) match · 2024
Employer contribution per active participant$205
Median for plans this size$2,416

F & V Companies Inc's 2024 employer contribution ran below the $2,416 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
ROCKEFELLER FINANCIAL LLC · Investment advisory (plan)$23,508
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$20,417

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$101,530 · 0.44%
2023$59,793 · 0.32%
2022$13,839 · 0.08%
All plans at this employer2
FLEIS & VANDENBRINK ENGINEERING INC EMPLOYEE STOCK OWNERSHIP PLAN401(k) + ESOP (KSOP)
FLEIS & VANDENBRINK ENGINEERING, INC. 401(K) PLAN401(k)
Similar plansProfessional & Technical Services · Michigan
Dewpoint, Inc. MI$27.4M · 0.27%
Andrews Hooper Pavlik PLC MI$26.3M · 0.10%
Altimetrik, Corp. MI$25.8M · 0.19%
Tata Technologies, Inc. MI$24.2M · 0.44%
Danlaw Inc MI$23.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472260160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.