Plan Ledger DOL Form 5500 · updated monthly

Fives Inc.401(k)

FIVES RETIREMENT SAVINGS PLAN · FARMINGTON HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Fives Inc. reported $150,374 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,638 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 0.03% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 101st-largest of 2,619 plans among Michigan employers on file, and the 113th of 786 in management of companies. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$314,373,769
Participants with balances2,176
Active participants1,506
Employer contributions$6,984,502
Employee contributions$14,936,213
Employer contribution per active participant$4,638
Average account balance$144,473
Benefits paid to participants$38,326,324
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$314.4M · 2,176 accts · $7.0M emplr
2023$295.5M · 2,162 accts · $6.7M emplr
2022$260.5M · 2,104 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,874
Audit (IQPA)$20,500
Total administrative$150,374
The Fives Inc. 401(k) match · 2024
Employer contribution per active participant$4,638
Median for plans this size$4,294
2024$4,638 per active participant
2023$4,657 per active participant
2022$4,323 per active participant

Fives Inc.'s 2024 employer contribution ran above the $4,294 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$49,874
GBQ PARTNERS LLC · Accounting / audit$20,500

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$150,374 · 0.05%
2023$145,929 · 0.05%
2022$96,353 · 0.03%
Same employer
Similar plansManagement of Companies · Michigan
Ufp Industries, Inc MI$791.7M · 0.06%
Clyde Companies, Inc. UT$326.3M · 0.21%
Brightsphere Inc. MA$320.2M · 0.02%
Platinum Equity, LLC CA$313.1M · 0.03%
Brambles USA, Inc. FL$304.5M · 0.04%
Life Care Companies LLC IA$295.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383503183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.