Plan Ledger DOL Form 5500 · updated monthly

Framatome Inc.401(k)

FRAMATOME INC. 401(K) RETIREMENT PLAN · LYNCHBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Framatome Inc. reported $666,063 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $5,418 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 0.046% to 0.053%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 38th-largest of 2,266 plans among Virginia employers on file, and the 141st of 11,654 in professional & technical services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 2,013 to 2,350 since 2022.

Plan summary
Net assets, end of year$1,297,729,455
Participants with balances3,966
Active participants2,350
Employer contributions$12,732,174
Employee contributions$28,485,025
Employer contribution per active participant$5,418
Average account balance$327,214
Benefits paid to participants$98,289,766
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 3,966 accts · $12.7M emplr
2023$1.2B · 3,757 accts · $10.9M emplr
2022$1.1B · 3,680 accts · $10.5M emplr
The Framatome Inc. 401(k) match · 2024
Employer contribution per active participant$5,418
Median for plans this size$5,259
2024$5,418 per active participant
2023$4,916 per active participant
2022$5,222 per active participant

Framatome Inc.'s 2024 employer contribution ran above the $5,259 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$238,647
VANGUARD ADVISERS INC. · Investment advisory (participants)$434,866

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$666,063 · 0.05%
2023$588,708 · 0.05%
2022$565,267 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Virginia
Bwxt Investment Company VA$1.5B · 0.04%
Hunton Andrews Kurth LLP VA$1.3B · 0.01%
Guidehouse Inc. VA$1.3B · 0.04%
McGuirewoods LLP VA$1.2B · 0.04%
Maximus, Inc. VA$913.2M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541536465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.