Plan Ledger DOL Form 5500 · updated monthly

Fincantieri Marine Group LLC401(k)

FINCANTIERI MARINE GROUP 401(K) RETIREMENT PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Fincantieri Marine Group LLC reported $175,614 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $4,348 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 has held roughly steady near 0.19%. 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 235th-largest of 1,936 plans among Wisconsin employers on file, and the 1,970th of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,728,797
Participants with balances1,311
Active participants942
Employer contributions$4,095,375
Employee contributions$6,007,052
Employer contribution per active participant$4,348
Average account balance$73,020
Benefits paid to participants$11,126,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.7M · 1,311 accts · $4.1M emplr
2023$85.2M · 1,321 accts · $3.6M emplr
2022$73.7M · 1,270 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,829
Investment management$149,785
Total administrative$175,614
The Fincantieri Marine Group LLC 401(k) match · 2024
Employer contribution per active participant$4,348
Median for plans this size$3,635
2024$4,348 per active participant
2023$3,750 per active participant
2022$3,755 per active participant

Fincantieri Marine Group LLC's 2024 employer contribution ran above the $3,635 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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$175,614

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$175,614 · 0.19%
2023$164,051 · 0.21%
2022$164,333 · 0.20%
All plans at this employer2
FINCANTIERI MARINE GROUP 401(K) RETIREMENT PLAN401(k)
FINCANTIERI MARINE GROUP BARGAINING RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Wisconsin
Neenah Enterprises, Inc. WI$104.7M · 0.22%
Hellermanntyton Corporation WI$100.5M · 0.18%
Meridian Industries, Inc. WI$94.8M · 0.21%
Central Processing Corp. WI$92.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391947771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.