Plan Ledger DOL Form 5500 · updated monthly

Feldkamp Enterprises, Inc.401(k)

FELDKAMP ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Feldkamp Enterprises, Inc. reported $54,616 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,180 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 1 year on file its reported administrative ratio rose from 0.30% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,478th-largest of 3,295 plans among Ohio employers on file, and the 6,533rd of 13,661 in manufacturing. In 2023, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,179,128
Participants with balances187
Active participants149
Employer contributions$175,858
Employee contributions$504,691
Employer contribution per active participant$1,180
Average account balance$91,867
Benefits paid to participants$1,438,250
Plan auditUnmodified (clean) audit opinion
AuditorKELLEY GALLOWAY SMITH GOOLSBY, PSC
Plan history2
Yearassets · accounts · employer contribution
2023$17.2M · 187 accts · $176K emplr
2022$16.1M · 186 accts · $309K emplr
Administrative expenses, itemized · 2023
Investment management$40,558
Trustee / custodial$725
Total administrative$54,616
The Feldkamp Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$1,180
Median for plans this size$2,440
2023$1,180 per active participant
2022$1,827 per active participant

Feldkamp Enterprises, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PENSION CORPORATION OF AMERICA · Contract administrator · Recordkeeping$14,058
UBS FINANCIAL SERVICES, INC.$40,558

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

Administrative cost history2
2023$54,616 · 0.33%
2022$52,431 · 0.30%
Similar plansManufacturing · Ohio
Rize Home LLC OH$17.2M · 0.48%
I.D. Images, LLC OH$17.2M · 0.28%
Mwgh LLC OH$17.2M · 0.42%
Weaver Leather LLC OH$17.2M · 0.35%
Delta Systems, Inc. OH$17.1M · 0.46%
Braun Industries, Inc. OH$16.9M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310868966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.