What are the fees in the For Bare Feet, LLC 401(k) plan?

For plan year 2022, For Bare Feet, LLC reported $13,541 in plan administrative expenses, or 0.34% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the For Bare Feet, LLC 401(k) match?

In 2022, employer contributions to the For Bare Feet, LLC plan averaged $597 per active participant, below the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the For Bare Feet, LLC 401(k)?

The average participant account balance was $32,670 for plan year 2022, based on 69 accounts.

For Bare Feet, LLC401(k)

Name: For Bare Feet, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FOR BARE FEET, LLC. 401(K) PLAN · MARTINSVILLE, IN · plan year 2022

Reported admin expense ratio · 2022

0.34%

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

For Bare Feet, LLC reported $13,541 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $597 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,377th of 1,562), and 12,700th of 13,661 in manufacturing. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,254,225
Participants with balances69
Active participants164
Employer contributions$97,839
Employee contributions$223,739
Employer contribution per active participant$597
Average account balance$32,670
Benefits paid to participants$3,089,569
Plan auditUnmodified (clean) audit opinion
AuditorCHARLES MADDEN

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$13,541

Total administrative$13,541

The For Bare Feet, LLC 401(k) match · 2022

Employer contribution per active participant$597

Median for plans this size$1,114

For Bare Feet, LLC's 2022 employer contribution ran below the $1,114 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$13,541 · 0.34%

Similar plansManufacturing · Indiana
Metro Plastics Technologies, Inc. IN$2.5M · 0.06%
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Saco Industries, Inc. IN$2.3M · 0.64%
Mixer Direct, Inc., dba Mxd Process IN$2.2M · 0.53%
Barletta Boat Company,Llc IN$2.2M · 0.04%
Champion Manufacturing, Inc. IN$2.2M · 0.05%
Independent Protection Company, Inc. IN$2.1M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831752077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.