How much does Fritz Industries, Inc. contribute to its ESOP?

In 2024, employer contributions to the Fritz Industries, Inc. plan averaged $21,021 per active participant, above the $3,635 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Fritz Industries, Inc. 401(k)?

The average participant account balance was $362,892 for plan year 2024, based on 249 accounts.

Fritz Industries, Inc.ESOP

Name: Fritz Industries, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FRITZ INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · MESQUITE, TX · plan year 2024

Employer contribution per participant · 2024

$21,021

Fritz Industries, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $90,360,148 across 249 participant accounts, with employer contributions averaging $21,021 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 699th-largest of 5,688 plans among Texas employers on file, and the 2,043rd of 13,661 in manufacturing. active participation has shrunk from 137 to 121 since 2022.

Plan summary
Net assets, end of year$90,360,148
Participants with balances249
Active participants121
Employer contributions$2,543,564
Employee contributions—
Employer contribution per active participant$21,021
Average account balance$362,892
Benefits paid to participants$2,761,508
Plan auditUnmodified (clean) audit opinion
AuditorGRANT THORNTON

Plan history3

Yearassets · accounts · employer contribution

2024$90.4M · 249 accts · $2.5M emplr

2023$52.5M · 267 accts · $2.5M emplr

2022$44.7M · 259 accts · $2.4M emplr

Employer contributions to the Fritz Industries, Inc. plan · 2024

Employer contribution per active participant$21,021

Median for plans this size$3,635

2024$21,021 per active participant

2023$18,510 per active participant

2022$17,850 per active participant

Fritz Industries, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

All plans at this employer2

FRITZ INDUSTRIES, INC. 401(K) RETIREMENT PLAN401(k)

FRITZ INDUSTRIES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

Same employer

Fritz Industries, Inc.'s health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 751083407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.