Plan Ledger DOL Form 5500 · updated monthly

Fairchild Equipment, Inc.401(k)

FAIRCHILD EQUIPMENT, INC. 401(K) PROFIT SHARING PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Fairchild Equipment, Inc. reported $74,485 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,525 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 0.29% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 787th-largest of 1,936 plans among Wisconsin employers on file, and the 1,697th of 4,246 in wholesale trade. In 2024, employees put in $3.81 for every $1.00 the employer contributed; active participation has grown from 266 to 332 since 2022.

Plan summary
Net assets, end of year$22,785,811
Participants with balances342
Active participants332
Employer contributions$506,237
Employee contributions$1,927,900
Employer contribution per active participant$1,525
Average account balance$66,625
Benefits paid to participants$2,372,369
Plan auditUnmodified (clean) audit opinion
AuditorKERBERROSE SC
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 342 accts · $506K emplr
2023$20.1M · 313 accts · $466K emplr
2022$16.3M · 268 accts · $372K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,485
Total administrative$74,485
The Fairchild Equipment, Inc. 401(k) match · 2024
Employer contribution per active participant$1,525
Median for plans this size$2,416
2024$1,525 per active participant
2023$1,589 per active participant
2022$1,397 per active participant

Fairchild Equipment, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$74,484
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · 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$74,485 · 0.35%
2023$53,215 · 0.29%
2022$49,575 · 0.29%
Same employer
Similar plansWholesale Trade · Wisconsin
Ver Halen, Inc. WI$23.5M · 0.43%
The Delong Co Inc WI$23.2M · 0.39%
Premier Cooperative WI$23.1M · 0.38%
Johnson Tractor Inc WI$22.3M · 0.23%
Naviant, LLC. WI$21.7M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363392836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.