Plan Ledger DOL Form 5500 · updated monthly

Fleetwood Metal Industries Corporation401(k)

FLEETWOOD METAL INDUSTRIES CORPORATION RETIREMENT SAVINGS PLAN · SYLACAUGA, AL · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Fleetwood Metal Industries Corporation reported $1,593 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $764 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 1 year on file its reported administrative ratio rose from 0.07% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (779th of 902), and 12,647th of 13,661 in manufacturing. In 2023, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,355,082
Participants with balances71
Active participants134
Employer contributions$102,337
Employee contributions$151,148
Employer contribution per active participant$764
Average account balance$33,170
Benefits paid to participants$129,157
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 71 accts · $102K emplr
2022$1.9M · 132 accts · $103K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,234
Investment management$359
Total administrative$1,593
The Fleetwood Metal Industries Corporation 401(k) match · 2023
Employer contribution per active participant$764
Median for plans this size$1,308
2023$764 per active participant
2022$748 per active participant

Fleetwood Metal Industries Corporation's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INV INST OPERATIONS LLC · Loan processing$1,284

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$1,593 · 0.08%
2022$1,390 · 0.07%
Same employer
Similar plansManufacturing · Alabama
Coachcomm, LLC AL$2.5M · 0.50%
Lee Brass Foundry, LLC AL$2.3M · 0.83%
American Apparel, Inc. AL$2.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980508950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.