Plan Ledger DOL Form 5500 · updated monthly

Fresno Valves & Castings, Inc.401(k)

FRESNO VALVES & CASTINGS, INC. 401(K) PROFIT SHARING PLAN · SELMA, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Fresno Valves & Castings, Inc. reported $1,540 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,054 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 0.003% to 0.004%. 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 2,262nd-largest of 9,483 plans among California employers on file, and the 3,868th of 13,661 in manufacturing. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$37,313,733
Participants with balances311
Active participants206
Employer contributions$835,145
Employee contributions$782,028
Employer contribution per active participant$4,054
Average account balance$119,980
Benefits paid to participants$2,164,341
Plan auditUnmodified (clean) audit opinion
AuditorDRITSAS GROOM MCCORMICK, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.3M · 311 accts · $835K emplr
2023$35.1M · 327 accts · $733K emplr
2022$31.4M · 325 accts · $728K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,540
Total administrative$1,540
The Fresno Valves & Castings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,054
Median for plans this size$2,416
2024$4,054 per active participant
2023$3,393 per active participant
2022$3,251 per active participant

Fresno Valves & Castings, Inc.'s 2024 employer contribution ran above 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$1,275
WELLS FARGO CLEARING SERVICES, LLC · Insurance broker · Insurance servicesindirect 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
2024Transamerica
2023NEXUS ADMINISTRATORS, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Fresno Valves & Castings, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,540 · 0.00%
2023$986 · 0.00%
2022$902 · 0.00%
Same employer
Similar plansManufacturing · California
Bell-Carter Foods, LLC. CA$37.8M · 0.26%
Pasco Scientific CA$37.6M · 0.24%
Universal Audio Inc. CA$37.6M · 0.47%
Lithographix, Inc. CA$37.4M · 0.39%
Neolife International, LLC CA$37.1M · 0.05%
Hyundai Translead CA$36.7M · 0.16%
Zipline International Inc. CA$36.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941542403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.