Plan Ledger DOL Form 5500 · updated monthly

Fillauer Companies, Inc.401(k)

FILLAUER COMPANIES 401(K) SAVINGS PLAN · CHATTANOOGA, TN · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Fillauer Companies, Inc. reported $72,218 in plan administrative expenses for 2023: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,256 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 has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 598th-largest of 1,496 plans among Tennessee employers on file, and the 6,349th of 13,661 in manufacturing. In 2023, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,972,671
Participants with balances162
Active participants157
Employer contributions$197,234
Employee contributions$725,349
Employer contribution per active participant$1,256
Average account balance$110,942
Benefits paid to participants$1,966,731
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $124K emplr
2023$18.0M · 162 accts · $197K emplr
2022$16.6M · 165 accts · $155K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,394
Investment management$35,824
Total administrative$72,218
The Fillauer Companies, Inc. 401(k) match · 2023
Employer contribution per active participant$1,256
Median for plans this size$2,440
2023$1,256 per active participant
2022$939 per active participant

Fillauer Companies, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$36,394
REGIONS BANK · Investment advisory (plan)$35,824

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

Administrative cost history3
2024Not separately reported
2023$72,218 · 0.42%
2022$81,562 · 0.43%
Same employer
Similar plansManufacturing · Tennessee
Rough Country, LLC TN$18.2M · 0.74%
Neotiss, Inc. TN$17.7M · 0.00%
Mueller Streamline Company TN$17.7M · 0.27%
Viam Manufacturing, Inc. TN$17.0M · 0.47%
Schmiede Corporation TN$16.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621474076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.