What are the fees in the First String Space, Inc. 401(k) plan?

For plan year 2022, First String Space, Inc. reported $725 in plan administrative expenses, or 0.03% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the First String Space, Inc. 401(k) match?

In 2022, employer contributions to the First String Space, Inc. plan averaged $1,273 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the First String Space, Inc. 401(k)?

The average participant account balance was $31,569 for plan year 2022, based on 62 accounts.

First String Space, Inc.401(k)

Name: First String Space, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FIRST STRING SPACE, INC. RETIREMENT SAVINGS PLAN · PEARSON, GA · plan year 2022

Reported admin expense ratio · 2022

0.03%

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

First String Space, Inc. reported $725 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,273 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,947th of 2,160), and 12,840th of 13,661 in manufacturing. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,957,266
Participants with balances62
Active participants115
Employer contributions$146,357
Employee contributions$212,723
Employer contribution per active participant$1,273
Average account balance$31,569
Benefits paid to participants$181,291
Plan auditUnmodified (clean) audit opinion
AuditorCLEMENTS, PURVIS & STEWART, P.C.

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$250

Professional / advisory$475

Total administrative$725

The First String Space, Inc. 401(k) match · 2022

Employer contribution per active participant$1,273

Median for plans this size$1,114

First String Space, Inc.'s 2022 employer contribution ran above the $1,114 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$725 · 0.03%

Similar plansManufacturing · Georgia
Elemaster US Inc. GA$2.1M · 0.40%
Tie Down Engineering, Inc. GA$2.0M · 0.02%
Elberton Granite Association GA$2.0M · 0.20%
Pbr Inc GA$2.0M
Dorsey Tire Co., Inc. GA$2.0M · 1.36%
Brooks Auto Parts, Inc. GA$1.9M · 0.58%
Seoyon E-Hwa Interior Systems Georgia, Inc. GA$1.7M · 1.99%
Floor Productions, LLC GA$1.6M · 1.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208479866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.