Plan Ledger DOL Form 5500 · updated monthly

Fna Group Inc401(k)

FNA GROUP, INC. RETIREMENT PLAN · PLEASANT PRAIRIE, WI · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Fna Group Inc reported $42,982 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,928 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 fell from 1.08% to 0.90%. 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 Wisconsin (1,602nd of 1,936), and 11,064th of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 189 to 211 since 2022.

Plan summary
Net assets, end of year$5,280,488
Participants with balances226
Active participants211
Employer contributions$406,898
Employee contributions$725,048
Employer contribution per active participant$1,928
Average account balance$23,365
Benefits paid to participants$600,756
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS ADVISORS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 226 accts · $407K emplr
2023$4.2M · 204 accts · $331K emplr
2022$2.9M · 245 accts · $314K emplr
The Fna Group Inc 401(k) match · 2024
Employer contribution per active participant$1,928
Median for plans this size$1,313
2024$1,928 per active participant
2023$2,016 per active participant
2022$1,663 per active participant

Fna Group 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
JOHNSON BANK · Recordkeeping · Trustee$42,982

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

Recordkeeper by year2
2024JOHNSON BANK
2023JOHNSON BANK

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,982 · 0.90%
2023$39,267 · 1.09%
2022$31,370 · 1.08%
Similar plansManufacturing · Wisconsin
Tclad Inc. WI$5.4M · 1.50%
E-S Plastic Products, LLC WI$5.4M · 0.21%
Triple P, Inc. WI$5.3M · 0.61%
Alliance Industries, Inc. WI$5.3M · 0.62%
Maynard Steel Casting Co. WI$5.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263822181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.