Plan Ledger DOL Form 5500 · updated monthly

Fiba Technologies, Inc.401(k)

FIBA TECH 401(K) PROFIT SHARING PLAN · LITTLETON, MA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Fiba Technologies, Inc. reported $48,190 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,369 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 0.26% to 0.23%. 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 1,208th-largest of 2,726 plans among Massachusetts employers on file, and the 5,468th of 13,661 in manufacturing. In 2024, employees put in $3.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,669,001
Participants with balances297
Active participants285
Employer contributions$390,059
Employee contributions$1,516,361
Employer contribution per active participant$1,369
Average account balance$76,327
Benefits paid to participants$1,636,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 297 accts · $390K emplr
2023$19.8M · 329 accts · $345K emplr
2022$15.9M · 331 accts · $333K emplr
The Fiba Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,369
Median for plans this size$2,416
2024$1,369 per active participant
2023$1,215 per active participant
2022$1,173 per active participant

Fiba Technologies, 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 · 20243
COMMONWEALTH FINANCIAL NETWORK$20,000
THE ANGELL PENSION GROUP, INC$9,000

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$48,190 · 0.23%
2023$49,045 · 0.27%
2022$44,815 · 0.26%
Same employer
Similar plansManufacturing · Massachusetts
Brox Industries, Inc. MA$23.4M · 0.27%
American Biltrite Inc. MA$23.1M · 0.02%
The Entwistle Company MA$22.7M · 0.02%
Black Duck Software, Inc. MA$22.1M · 0.02%
Ashworth Bros., Inc. MA$22.1M · 0.05%
Synqor, Inc. MA$22.0M · 0.31%
Erving Industries, Inc. MA$21.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042833098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.