Plan Ledger DOL Form 5500 · updated monthly

Foley Products Company, LLC401(k)

FOLEY PRODUCTS COMPANY, LLC 401(K) PLAN · NEWNAN, GA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Foley Products Company, LLC reported $250 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,606 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 fell from 0.12% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,061st-largest of 2,160 plans among Georgia employers on file, and 7,476th of 13,661 in manufacturing. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,729,447
Participants with balances489
Active participants435
Employer contributions$698,573
Employee contributions$1,659,129
Employer contribution per active participant$1,606
Average account balance$28,077
Benefits paid to participants$2,009,116
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.7M · 489 accts · $699K emplr
2023$11.3M · 447 accts · $613K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250
Total administrative$250
The Foley Products Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,606
Median for plans this size$2,416
2024$1,606 per active participant
2023$1,572 per active participant

Foley Products Company, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$250
MORGAN STANLEY · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$250 · 0.00%
2023$13,224 · 0.12%
Same employer
Similar plansManufacturing · Georgia
Parkway Products, LLC GA$14.1M · 0.49%
Vivex Biologics, Inc. GA$14.0M · 0.56%
Pangborn LLC GA$13.9M · 0.15%
Spectra Metal Sales, Inc. GA$13.7M · 0.41%
Apco Graphics, Inc. GA$13.7M · 0.26%
Zschimmer and Schwarz, Inc. GA$13.6M · 0.02%
Hansgrohe, Inc. GA$13.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202316013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.