Plan Ledger DOL Form 5500 · updated monthly

Fagron Holding USA LLC401(k)

FAGRON HOLDINGS USA LLC 401(K) PROFIT SHARING PLAN & TRUST · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Fagron Holding USA LLC reported $269,945 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,200 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 3 years on file its reported administrative ratio has held roughly steady near 0.607%. 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 1,056th-largest of 5,688 plans among Texas employers on file, and the 3,161st of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 845 to 1,339 since 2022.

Plan summary
Net assets, end of year$49,910,697
Participants with balances1,538
Active participants1,339
Employer contributions$2,945,800
Employee contributions$5,207,531
Employer contribution per active participant$2,200
Average account balance$32,452
Benefits paid to participants$4,032,932
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.9M · 1,538 accts · $2.9M emplr
2023$39.1M · 1,246 accts · $2.3M emplr
2022$29.7M · 1,044 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,626
Investment management$82,319
Total administrative$269,945
The Fagron Holding USA LLC 401(k) match · 2024
Employer contribution per active participant$2,200
Median for plans this size$2,416
2024$2,200 per active participant
2023$2,322 per active participant
2022$2,110 per active participant

Fagron Holding USA LLC's 2024 employer contribution ran below 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
ADP, INC. · Loan processing · Recordkeeping$187,625
EDWARD JONES · Recordkeeping · Trustee$82,319

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

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, Edward Jones

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

Administrative cost history3
2024$269,945 · 0.61%
2023$224,624 · 0.65%
2022$186,462 · 0.61%
Same employer
Similar plansManufacturing · Texas
Rex-Hide Industries, Inc. TX$51.7M · 0.02%
Hitachi Zosen USA, LTD. TX$50.8M · 0.24%
Alamo Cement Company TX$50.7M · 0.19%
Mueller Inc TX$50.0M · 0.23%
Relevant Solutions LLC TX$49.4M · 0.09%
Cosm Inc. TX$49.4M · 0.22%
Aer Manufacturing, L.P. TX$48.9M · 0.11%
X-Fab Texas, Inc. TX$48.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421771479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.