Plan Ledger DOL Form 5500 · updated monthly

Fasteners Distribution Holdings, LLC401(k)

FDH 401(K) PROFIT SHARING PLAN · COMMERCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Fasteners Distribution Holdings, LLC reported $93,187 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,370 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 fell from 0.45% to 0.31%. 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 2,132nd-largest of 9,483 plans among California employers on file, and the 1,030th of 4,246 in wholesale trade. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 527 to 947 since 2022.

Plan summary
Net assets, end of year$40,200,089
Participants with balances677
Active participants947
Employer contributions$1,297,262
Employee contributions$2,611,168
Employer contribution per active participant$1,370
Average account balance$59,380
Benefits paid to participants$2,716,967
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.2M · 677 accts · $1.3M emplr
2023$20.3M · 395 accts · $1.1M emplr
2022$18.1M · 386 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,187
Total administrative$93,187
The Fasteners Distribution Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,370
Median for plans this size$2,416
2024$1,370 per active participant
2023$1,986 per active participant
2022$1,456 per active participant

Fasteners Distribution Holdings, 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 · 20244
RETIREMENT WELLNESS GROUP LLC · Investment advisory (plan)$42,387
EMPOWER ADVISORY GROUP LLC · Investment management$11,790
FUTUREPLAN BY ASCENSUS · Contract administrator$8,599

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$93,187 · 0.31%
2023$96,503 · 0.50%
2022$59,381 · 0.45%
Same employer
Similar plansWholesale Trade · California
Slakey Brothers, Inc. CA$41.6M · 0.23%
Heimark Distributing, LLC CA$41.5M · 0.09%
Mxr Imaging, Inc. CA$40.0M · 0.30%
E & E Co., LTD CA$39.7M · 0.21%
Paramount Export Company CA$39.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471160996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.