Plan Ledger DOL Form 5500 · updated monthly

Fischbach USA, Inc.401(k)

FISCHBACH USA 401(K) PS PLAN · ELIZABETHTOWN, KY · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Fischbach USA, Inc. reported $47,903 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $1,140 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 rose from 0.06% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (482nd of 871), and 8,927th of 13,661 in manufacturing. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 243 to 270 since 2022.

Plan summary
Net assets, end of year$9,727,442
Participants with balances335
Active participants270
Employer contributions$307,727
Employee contributions$820,003
Employer contribution per active participant$1,140
Average account balance$29,037
Benefits paid to participants$663,633
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 335 accts · $308K emplr
2023$8.3M · 296 accts · $264K emplr
2022$7.0M · 286 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,218
Investment management$20,685
Total administrative$47,903
The Fischbach USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,140
Median for plans this size$1,313
2024$1,140 per active participant
2023$1,173 per active participant
2022$797 per active participant

Fischbach USA, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,218
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$20,685

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$47,903 · 0.53%
2023$4,275 · 0.06%
2022$4,888 · 0.06%
Same employer
Similar plansManufacturing · Kentucky
Jewel-Craft, Inc. KY$9.9M · 0.97%
Lohmann Corporation, U.S. KY$9.9M · 0.02%
Fischer Industries, LLC KY$9.8M · 0.62%
Hillerich & Bradsby Co. KY$9.6M · 0.40%
Qualex Manufacturing KY$9.5M · 0.17%
Decoart, LLC KY$9.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611231004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.