Plan Ledger DOL Form 5500 · updated monthly

F. Schumacher & Co.401(k)

F. SCHUMACHER & CO. 401(K) PLAN FOR SALARIED EMPLOYEES · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.32%

F. Schumacher & Co. reported $63,285 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. 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 0.34% to 0.32%. 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 2,478th-largest of 5,648 plans among New York employers on file, and the 5,778th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$20,798,885
Participants with balances618
Active participants523
Employer contributions—
Employee contributions$2,622,837
Employer contribution per active participant—
Average account balance$33,655
Benefits paid to participants$2,538,353
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 618 accts
2023$18.3M · 606 accts
2022$15.7M · 614 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,285
Total administrative$63,285
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$63,284
RAYMOND JAMES & ASSOCIATES, INC. · 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$63,285 · 0.32%
2023$56,085 · 0.33%
2022$57,369 · 0.34%
Same employer
Similar plansManufacturing · New York
Kris-Tech Wire Co., Inc. NY$21.3M · 0.24%
Wagner Hardwoods LLC NY$21.2M · 0.42%
Chapin International Inc. NY$20.9M · 0.28%
Von Roll USA, Inc. NY$20.8M · 0.30%
Strippit, Inc. NY$20.4M · 0.09%
Endicott Precision Inc. NY$20.4M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131279190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.