Plan Ledger DOL Form 5500 · updated monthly

Fifth Generation, Inc401(k)

FIFTH GENERATION, INC 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Fifth Generation, Inc reported $63,135 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $13,597 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 0.05% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 631st-largest of 5,688 plans among Texas employers on file, and the 1,843rd of 13,661 in manufacturing. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 606 to 729 since 2022.

Plan summary
Net assets, end of year$105,151,421
Participants with balances815
Active participants729
Employer contributions$9,912,498
Employee contributions$6,129,921
Employer contribution per active participant$13,597
Average account balance$129,020
Benefits paid to participants$6,064,066
Plan auditUnmodified (clean) audit opinion
AuditorMAXWELL LOCKE & RITTER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$105.2M · 815 accts · $9.9M emplr
2023$82.4M · 742 accts · $8.4M emplr
2022$60.7M · 664 accts · $8.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,112
Total administrative$63,135
The Fifth Generation, Inc 401(k) match · 2024
Employer contribution per active participant$13,597
Median for plans this size$3,635
2024$13,597 per active participant
2023$12,379 per active participant
2022$13,324 per active participant

Fifth Generation, Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$53,154
MESIROW FINANCIAL INVESTMENT MANAGE · Loan processingindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,135 · 0.07%
2023$35,234 · 0.05%
2022$33,157 · 0.05%
Same employer
Similar plansManufacturing · Texas
Houston Refining LP TX$110.1M · 0.07%
Bray International, Inc. TX$109.7M · 0.26%
Ichor Systems, Inc. TX$108.3M · 0.16%
Farmer Bros. Co. TX$103.5M · 0.20%
Cdi Energy Products, LLC TX$100.4M · 0.22%
Gcc of America, Inc. TX$100.2M · 0.13%
Oq Chemicals Corporation TX$96.5M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742737688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.