Plan Ledger DOL Form 5500 · updated monthly

Fronius USA, LLC401(k)

FRONIUS USA 401(K) PLAN · PORTAGE, IN · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Fronius USA, LLC reported $41,377 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,381 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 3 years on file its reported administrative ratio has held roughly steady near 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,148th of 1,562), and 11,016th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 127 to 153 since 2022.

Plan summary
Net assets, end of year$5,364,273
Participants with balances111
Active participants153
Employer contributions$364,320
Employee contributions$676,533
Employer contribution per active participant$2,381
Average account balance$48,327
Benefits paid to participants$132,280
Plan auditUnmodified (clean) audit opinion
AuditorCARNAGHI & SCHWARK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 111 accts · $364K emplr
2023$3.8M · 100 accts · $298K emplr
2022$2.5M · 79 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,377
Total administrative$41,377
The Fronius USA, LLC 401(k) match · 2024
Employer contribution per active participant$2,381
Median for plans this size$1,313
2024$2,381 per active participant
2023$2,112 per active participant
2022$1,672 per active participant

Fronius USA, LLC's 2024 employer contribution ran above the $1,313 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.

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
LINCOLN NATIONAL CORPORATION · Contract administrator$39,722

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

Administrative cost history3
2024$41,377 · 0.90%
2023$27,704 · 0.88%
2022$21,141 · 0.86%
Same employer
Similar plansManufacturing · Indiana
A.K. Industries, Inc. IN$5.5M · 0.21%
Ditto Sales, Inc. IN$5.4M · 0.64%
Gdc, Inc. IN$5.4M · 0.50%
B & J Specialty, Inc. IN$5.4M · 0.63%
Dalton Corporation IN$5.3M · 0.11%
Standard Locknut, LLC IN$5.2M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260036744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.