Plan Ledger DOL Form 5500 · updated monthly

Fibrebond Corporation401(k)

FIBREBOND 401(K) RETIREMENT SAVINGS PLAN · MINDEN, LA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Fibrebond Corporation reported $82,397 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,668 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 0.31% to 0.37%. 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 223rd-largest of 884 plans among Louisiana employers on file, and the 5,322nd of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 227 to 536 since 2022.

Plan summary
Net assets, end of year$23,661,139
Participants with balances280
Active participants536
Employer contributions$893,923
Employee contributions$1,414,576
Employer contribution per active participant$1,668
Average account balance$84,504
Benefits paid to participants$2,007,917
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 280 accts · $894K emplr
2023$20.5M · 281 accts · $385K emplr
2022$18.0M · 275 accts · $299K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,842
Investment management$4,945
Total administrative$82,397
The Fibrebond Corporation 401(k) match · 2024
Employer contribution per active participant$1,668
Median for plans this size$2,416
2024$1,668 per active participant
2023$847 per active participant
2022$1,316 per active participant

Fibrebond Corporation'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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$38,842
ROLAND CRISS FIDUCIARY SVCS · Consulting · Investment advisory (plan)$21,140
FOREST CAPITAL MANAGEMENT, LLC · Consulting$10,188

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price, Vanguard

This plan has changed recordkeepers within these filings. If you left Fibrebond Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$82,397 · 0.37%
2023$69,817 · 0.36%
2022$63,599 · 0.31%
Same employer
Similar plansManufacturing · Louisiana
Allied Power Services, LLC LA$34.8M · 0.97%
Drax Biomass Inc. LA$26.1M · 0.23%
Cortec LLC LA$25.2M · 0.06%
James Machine Works, LLC LA$21.3M · 0.02%
Deltech Monomers Opco LLC LA$19.1M · 0.29%
Crown Crafts, Inc. LA$18.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720951873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.