Plan Ledger DOL Form 5500 · updated monthly

Fischer USA Stainless Steel Tubing, Inc.401(k)

FISCHER USA STAINLESS STEEL TUBING, INC. · MANCHESTER, TN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Fischer USA Stainless Steel Tubing, Inc. reported $3,862 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,536 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 0.07%. 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 Tennessee (981st of 1,496), and 10,392nd of 13,661 in manufacturing. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,575,019
Participants with balances227
Active participants191
Employer contributions$293,294
Employee contributions$351,450
Employer contribution per active participant$1,536
Average account balance$28,965
Benefits paid to participants$337,131
Plan auditUnmodified (clean) audit opinion
AuditorDEMPSEYVANTREASE AND FOLLIS
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 227 accts · $293K emplr
2023$5.3M · 250 accts · $304K emplr
2022$4.1M · 236 accts · $264K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,862
Total administrative$3,862
The Fischer USA Stainless Steel Tubing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,536
Median for plans this size$1,313
2024$1,536 per active participant
2023$1,462 per active participant
2022$1,412 per active participant

Fischer USA Stainless Steel Tubing, Inc.'s 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,862

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$3,862 · 0.07%
2023$2,125 · 0.05%
2022$2,685 · 0.06%
Same employer
Similar plansManufacturing · Tennessee
Ole Smoky Distillery, LLC TN$7.0M · 0.23%
Microporous, LLC TN$6.9M · 0.25%
Protomet Corporation TN$6.7M · 0.63%
Tate Ornamental, Inc. TN$6.6M · 0.92%
Enovate Medical TN$6.5M · 0.88%
Storm Manufacturing Inc. TN$6.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582393959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.