Plan Ledger DOL Form 5500 · updated monthly

Forum Energy Technologies, Inc.401(k)

FORUM ENERGY TECHNOLOGIES, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Forum Energy Technologies, Inc. reported $164,961 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,675 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 0.16% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 538th-largest of 5,688 plans among Texas employers on file, and the 1,630th of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$123,286,389
Participants with balances1,713
Active participants1,076
Employer contributions$3,954,828
Employee contributions$6,575,367
Employer contribution per active participant$3,675
Average account balance$71,971
Benefits paid to participants$11,718,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$123.3M · 1,713 accts · $4.0M emplr
2023$109.3M · 1,827 accts · $3.5M emplr
2022$91.4M · 1,834 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,345
Investment management$76,616
Total administrative$164,961
The Forum Energy Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,675
Median for plans this size$3,635
2024$3,675 per active participant
2023$3,168 per active participant
2022$2,553 per active participant

Forum Energy Technologies, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$88,345
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$64,953
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,663

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$164,961 · 0.14%
2023$184,419 · 0.18%
2022$161,850 · 0.16%
Similar plansManufacturing · Texas
Diodes, Inc. TX$127.5M · 0.11%
Enerflex Inc. TX$124.4M · 0.06%
Globitech, Incorporated TX$121.2M · 0.09%
Ruiz Food Products Dcp TX$120.7M · 0.40%
Deer Park Refining, LP TX$118.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611488595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.