Plan Ledger DOL Form 5500 · updated monthly

Fraenkische USA LP401(k)

FRAENKISCHE USA, LP 401(K) PLAN · ANDERSON, SC · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Fraenkische USA LP reported $9,743 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $898 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 0.25%. 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 South Carolina (620th of 807), and 11,920th of 13,661 in manufacturing. In 2022, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,681,149
Participants with balances101
Active participants149
Employer contributions$133,854
Employee contributions$274,008
Employer contribution per active participant$898
Average account balance$36,447
Benefits paid to participants$610,297
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.4M · 79 accts · $135K emplr
2022$3.7M · 101 accts · $134K emplr
Administrative expenses, itemized · 2022
Investment management$9,443
Professional / advisory$300
Total administrative$9,743
The Fraenkische USA LP 401(k) match · 2022
Employer contribution per active participant$898
Median for plans this size$1,114
2023$3,370 per active participant
2022$898 per active participant

Fraenkische USA LP'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

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 history2
2023$8,776 · 0.25%
2022$9,743 · 0.24%
Similar plansManufacturing · South Carolina
Knight's Companies, Inc. SC$4.1M · 0.49%
Palmetto Synthetics LLC SC$4.1M · 0.19%
Orian Rugs, Inc. SC$3.8M · 0.86%
Dove Technologies, Inc. SC$3.5M · 0.41%
Newbold Corporation SC$3.5M · 0.71%
Composite Resources, Inc. SC$3.4M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030449731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.