Plan Ledger DOL Form 5500 · updated monthly

Fil-Tec, Inc.401(k)

FIL-TEC, INC. PROFIT SHARING PLAN · HAGERSTOWN, MD · plan year 2025

Reported admin expense ratio · 2025
0.11%

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

Fil-Tec, Inc. reported $23,643 in plan administrative expenses for 2025: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,442 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 fell from 0.12% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 626th-largest of 1,671 plans among Maryland employers on file, and the 5,713th of 13,661 in manufacturing. In 2025, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,213,499
Participants with balances203
Active participants165
Employer contributions$402,937
Employee contributions$712,504
Employer contribution per active participant$2,442
Average account balance$104,500
Benefits paid to participants$4,398,149
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & COMPANY, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$21.2M · 203 accts · $403K emplr
2024$21.0M · 194 accts · $811K emplr
2023$18.4M · 199 accts · $416K emplr
2022$15.8M · 187 accts · $773K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$250
Investment management$23,393
Total administrative$23,643
The Fil-Tec, Inc. 401(k) match · 2025
Employer contribution per active participant$2,442
Median for plans this size$2,666
2025$2,442 per active participant
2024$4,885 per active participant
2023$2,362 per active participant
2022$4,659 per active participant

Fil-Tec, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
CIBC PRIVATE WEALTH ADVISORS INC · Investment advisory (plan)$23,393

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

Administrative cost history4
2025$23,643 · 0.11%
2024$24,576 · 0.12%
2023$19,995 · 0.12%
2022$20,032 · 0.12%
Same employer
Similar plansManufacturing · Maryland
Certis USA, LLC MD$24.5M · 0.04%
Tishcon Corp. MD$22.2M · 0.36%
Jb Doors Company MD$20.8M · 0.14%
C.R. Daniels, Inc. MD$19.9M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521112383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.