Plan Ledger DOL Form 5500 · updated monthly

Fosber America, Inc.401(k)

FOSBER SAVINGS & RETIREMENT PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Fosber America, Inc. reported $59,061 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,934 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 rose from 0.14% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 557th-largest of 1,936 plans among Wisconsin employers on file, and the 1,177th of 4,246 in wholesale trade. In 2024, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,624,060
Participants with balances205
Active participants192
Employer contributions$563,342
Employee contributions$1,620,952
Employer contribution per active participant$2,934
Average account balance$168,898
Benefits paid to participants$1,778,666
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 205 accts · $563K emplr
2023$30.5M · 196 accts · $545K emplr
2022$25.6M · 184 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,061
Total administrative$59,061
The Fosber America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,934
Median for plans this size$2,416
2024$2,934 per active participant
2023$2,883 per active participant
2022$2,709 per active participant

Fosber America, Inc.'s 2024 employer contribution ran above 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
NATIONWIDE · Recordkeeping · Investment advisory (participants)$60,497
NWA · Loan processing$8,193
AMERIPRISE FINANCIAL SERVICES · 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.

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$59,061 · 0.18%
2023$39,431 · 0.14%
2022$34,057 · 0.14%
Same employer
Similar plansWholesale Trade · Wisconsin
C.G. Schmidt, Inc. WI$39.7M · 0.23%
Nelson-Jameson, Inc. WI$33.9M · 0.07%
Korber Tissue, Inc. WI$33.4M · 0.09%
Diesel Forward, Inc. WI$33.2M · 0.22%
Alpha Source LLC WI$33.1M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391714500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.