Plan Ledger DOL Form 5500 · updated monthly

Finley Engineering Company, Inc.401(k)

FINLEY ENGINEERING 401(K) PLAN · LAMAR, MO · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Finley Engineering Company, Inc. reported $44,033 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,546 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 0.18% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 491st-largest of 1,393 plans among Missouri employers on file, and the 4,503rd of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,944,021
Participants with balances309
Active participants248
Employer contributions$631,429
Employee contributions$1,210,218
Employer contribution per active participant$2,546
Average account balance$87,197
Benefits paid to participants$3,818,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 309 accts · $631K emplr
2023$25.9M · 327 accts · $808K emplr
2022$22.8M · 289 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,004
Investment management$8,010
Total administrative$44,033
The Finley Engineering Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,546
Median for plans this size$2,416
2024$2,546 per active participant
2023$3,086 per active participant
2022$4,906 per active participant

Finley Engineering Company, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$30,621
ADP, INC. · Loan processing · Recordkeeping$5,739
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,151

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$44,033 · 0.17%
2023$48,589 · 0.20%
2022$43,509 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Missouri
Huber & Associates, Inc. MO$28.4M · 0.28%
Navvis & Company MO$27.4M · 0.42%
Conexon, LLC MO$27.2M · 0.33%
R.L. Young, LLC MO$26.2M · 0.27%
Carevet Missouri, LLC MO$24.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431498992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.