Plan Ledger DOL Form 5500 · updated monthly

Fox Valley Metal Tech, Inc.401(k)

FOX VALLEY METAL TECH, INC. 401(K) RETIREMENT PLAN · GREEN BAY, WI · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Fox Valley Metal Tech, Inc. reported $72,221 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,344 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 has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,078th of 1,936), and 7,269th of 13,661 in manufacturing. In 2023, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,368,493
Participants with balances178
Active participants133
Employer contributions$311,742
Employee contributions$774,658
Employer contribution per active participant$2,344
Average account balance$80,722
Benefits paid to participants$4,173,292
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $53K emplr
2023$14.4M · 178 accts · $312K emplr
2022$14.1M · 179 accts · $297K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,388
Investment management$55,833
Total administrative$72,221
The Fox Valley Metal Tech, Inc. 401(k) match · 2023
Employer contribution per active participant$2,344
Median for plans this size$2,440
2023$2,344 per active participant
2022$2,103 per active participant

Fox Valley Metal Tech, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ALERUS FINANCIAL, N.A. · Recordkeeping$72,221

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024Not separately reported
2023$72,221 · 0.51%
2022$64,534 · 0.48%
Same employer
Similar plansManufacturing · Wisconsin
L.B. White Company, LLC. WI$14.6M · 0.45%
Muza Metal Products, LLC WI$14.6M · 0.55%
Wisconsin Built, Inc. WI$14.5M · 0.43%
Northwire, Inc. WI$14.3M · 0.49%
Duratech Industries WI$14.3M · 0.11%
Wisconsin Built, Inc. WI$14.2M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391655192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.