Plan Ledger DOL Form 5500 · updated monthly

Fieldtex Products, Inc.401(k)

FIELDTEX PRODUCTS, INC. RETIREMENT SAVINGS PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Fieldtex Products, Inc. reported $21,919 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $333 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 0.48% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,387th of 5,648), and 10,940th of 13,661 in manufacturing. In 2024, employees put in $5.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,493,423
Participants with balances153
Active participants150
Employer contributions$49,965
Employee contributions$273,926
Employer contribution per active participant$333
Average account balance$35,905
Benefits paid to participants$400,804
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 153 accts · $50K emplr
2023$5.0M · 159 accts · $52K emplr
2022$4.3M · 153 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,919
Total administrative$21,919
The Fieldtex Products, Inc. 401(k) match · 2024
Employer contribution per active participant$333
Median for plans this size$1,313
2024$333 per active participant
2023$339 per active participant
2022$334 per active participant

Fieldtex Products, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$20,627
MODERN WEALTH HOLDINGS, LLC · Contract administrator · Investment advisory (plan)$800
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp

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$21,919 · 0.42%
2023$21,932 · 0.47%
2022$22,580 · 0.48%
Similar plansManufacturing · New York
Safari Energy, LLC NY$5.8M · 0.16%
Perse Beauty Inc NY$5.6M · 0.22%
Nicolia Industries Inc. NY$5.6M · 0.28%
Intellimetal, Inc. NY$5.5M · 0.16%
Confer Plastics, Inc. NY$5.3M · 0.11%
10 East Copier, Inc. NY$5.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161005969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.