Plan Ledger DOL Form 5500 · updated monthly

Fecon, LLC401(k)

FECON 401(K) PROFIT SHARING PLAN · LEBANON, OH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Fecon, LLC reported $400 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,424 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 0.002% to 0.003%. 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 among the smaller plans on file in Ohio (1,738th of 3,295), and 7,705th of 13,661 in manufacturing. In 2024, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,023,232
Participants with balances296
Active participants212
Employer contributions$301,959
Employee contributions$1,165,620
Employer contribution per active participant$1,424
Average account balance$43,997
Benefits paid to participants$2,229,768
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 296 accts · $302K emplr
2023$12.0M · 277 accts · $382K emplr
2022$10.0M · 248 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$400
Total administrative$400
The Fecon, LLC 401(k) match · 2024
Employer contribution per active participant$1,424
Median for plans this size$2,416
2024$1,424 per active participant
2023$1,846 per active participant
2022$1,557 per active participant

Fecon, 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
HORAN SECURITIES INCindirect 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$400 · 0.00%
2023$375 · 0.00%
2022$175 · 0.00%
Same employer
Similar plansManufacturing · Ohio
Crawford United 401(K) Plan OH$13.1M · 0.60%
Upc Holdings III Corp. OH$13.1M · 0.40%
Cerco I, Inc. OH$12.8M · 0.16%
Veoneer Brake Systems LLC OH$12.8M · 0.69%
Plastic Suppliers, Inc. OH$12.8M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311345328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.