Plan Ledger DOL Form 5500 · updated monthly

Feldmeier Equipment, Inc.401(k)

FELDMEIER EQUIPMENT, INC. 401(K) PLAN · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Feldmeier Equipment, Inc. reported $70,230 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,481 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 3 years on file its reported administrative ratio has held roughly steady near 0.20%. 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 1,777th-largest of 5,648 plans among New York employers on file, and the 4,060th of 13,661 in manufacturing. In 2024, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,522,563
Participants with balances442
Active participants373
Employer contributions$552,264
Employee contributions$1,781,467
Employer contribution per active participant$1,481
Average account balance$78,105
Benefits paid to participants$5,791,717
Plan auditUnmodified (clean) audit opinion
AuditorFIRLEY MORAN FREER AND EASSA CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 442 accts · $552K emplr
2023$34.5M · 416 accts · $617K emplr
2022$31.2M · 409 accts · $485K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,021
Investment management$41,209
Total administrative$70,230
The Feldmeier Equipment, Inc. 401(k) match · 2024
Employer contribution per active participant$1,481
Median for plans this size$2,416
2024$1,481 per active participant
2023$1,606 per active participant
2022$1,216 per active participant

Feldmeier 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 · 20242
LAWLEY RETIREMENT ADVISORS LLC · Investment advisory (plan)$40,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,021

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$70,230 · 0.20%
2023$72,694 · 0.22%
2022$67,205 · 0.19%
Same employer
Similar plansManufacturing · New York
Precipart Corporation NY$35.2M · 0.31%
Dynalec Corporation NY$34.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150599364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.