Plan Ledger DOL Form 5500 · updated monthly

Frazier Industrial Company401(k)

FRAZIER INDUSTRIAL CO. SAVINGS AND INVESTMENT RETIREMENT PLAN · LONG VALLEY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Frazier Industrial Company reported $6,420 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,222 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 0.01% to 0.02%. 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 670th-largest of 2,419 plans among New Jersey employers on file, and the 3,670th of 13,661 in manufacturing. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has grown from 480 to 675 since 2022.

Plan summary
Net assets, end of year$40,068,455
Participants with balances308
Active participants675
Employer contributions$824,638
Employee contributions$2,182,854
Employer contribution per active participant$1,222
Average account balance$130,092
Benefits paid to participants$8,292,424
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 308 accts · $825K emplr
2023$39.3M · 320 accts · $679K emplr
2022$34.6M · 215 accts · $719K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,420
Total administrative$6,420
The Frazier Industrial Company 401(k) match · 2024
Employer contribution per active participant$1,222
Median for plans this size$2,416
2024$1,222 per active participant
2023$880 per active participant
2022$1,499 per active participant

Frazier Industrial Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20241
THE VANGUARD GROUP,INC. · Recordkeeping · Loan processingindirect 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
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$6,420 · 0.02%
2023$5,970 · 0.02%
2022$4,050 · 0.01%
Same employer
Similar plansManufacturing · New Jersey
Allentown LLC NJ$41.6M · 0.80%
Actega North America NJ$40.2M · 0.14%
Micro Stamping Corporation NJ$39.9M · 0.13%
Congoleum Acquisition LLC NJ$39.0M · 0.07%
Teknion LLC NJ$38.5M · 0.38%
Dwk Life Sciences LLC NJ$37.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221626865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.