Plan Ledger DOL Form 5500 · updated monthly

Federal Broach Holdings, LLC401(k)

FEDERAL BROACH HOLDINGS 401(K) SAVINGS PLAN · HARRISON, MI · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Federal Broach Holdings, LLC reported $69,038 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,168 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 0.42% to 0.49%. 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 1,266th-largest of 2,619 plans among Michigan employers on file, and 7,160th of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 88 to 99 since 2022.

Plan summary
Net assets, end of year$14,750,735
Participants with balances105
Active participants99
Employer contributions$214,593
Employee contributions$387,837
Employer contribution per active participant$2,168
Average account balance$140,483
Benefits paid to participants$900,612
Plan auditUnmodified (clean) audit opinion
AuditorYEO & YEO
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 105 accts · $215K emplr
2023$13.3M · 106 accts · $194K emplr
2022$13.7M · 99 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,603
Investment management$36,236
Trustee / custodial$1,199
Total administrative$69,038
The Federal Broach Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,168
Median for plans this size$2,416
2024$2,168 per active participant
2023$1,833 per active participant
2022$2,173 per active participant

Federal Broach 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 · 20242
JULY BUSINESS SERVICE, INC. · Contract administrator · Recordkeeping$31,603
GREGORY J. SCHWARTZ & CO., INC · Investment advisory (participants) · Investment advisory (plan)$36,236

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$69,038 · 0.49%
2023$65,673 · 0.49%
2022$64,728 · 0.42%
Same employer
Similar plansManufacturing · Michigan
Sas Global Corporation MI$14.9M · 0.56%
The Viking Corporation MI$14.8M · 0.05%
Edgewater Automation, LLC MI$14.6M · 0.49%
Harbor Industries, Inc. MI$14.6M · 0.38%
Getman Corporation MI$14.4M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205853585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.