Plan Ledger DOL Form 5500 · updated monthly

Foxconn Assembly, LLC401(k)

FOXCONN ASSEMBLY 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Foxconn Assembly, LLC reported $33,787 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,857 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 0.18% to 0.10%. 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 1,300th-largest of 5,688 plans among Texas employers on file, and the 3,850th of 13,661 in manufacturing. In 2024, employees put in $2.45 for every $1.00 the employer contributed; active participation has grown from 589 to 658 since 2022.

Plan summary
Net assets, end of year$37,684,488
Participants with balances664
Active participants658
Employer contributions$1,222,179
Employee contributions$2,998,465
Employer contribution per active participant$1,857
Average account balance$56,754
Benefits paid to participants$2,620,426
Plan auditUnmodified (clean) audit opinion
AuditorACORN ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$37.7M · 664 accts · $1.2M emplr
2023$31.6M · 614 accts · $992K emplr
2022$26.7M · 603 accts · $807K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,650
Investment management$25,137
Total administrative$33,787
The Foxconn Assembly, LLC 401(k) match · 2024
Employer contribution per active participant$1,857
Median for plans this size$2,416
2024$1,857 per active participant
2023$1,728 per active participant
2022$1,370 per active participant

Foxconn Assembly, 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 · 20244
GALLAGHER BENEFIT SERVICES · Recordkeeping · Trustee$25,136
ADP, INC. · Loan processing · Recordkeeping$8,650
ADP BROKER-DEALERindirect 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
2024ADP, GALLAGHER BENEFIT SERVICES
2023ADP, GALLAGHER BENEFIT SERVICES

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Administrative cost history3
2024$33,787 · 0.10%
2023$57,120 · 0.20%
2022$51,536 · 0.18%
Similar plansManufacturing · Texas
Cacique Foods LLC TX$39.4M · 0.32%
Lawler Foods, LTD. TX$37.7M · 0.22%
Quva Pharma, Inc. TX$37.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760699507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.