Plan Ledger DOL Form 5500 · updated monthly

Fs Brands, Inc.401(k)

FS BRANDS 401(K) PLAN · PLYMOUTH, MA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Fs Brands, Inc. reported $368,371 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,889 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 0.335%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 370th-largest of 2,726 plans among Massachusetts employers on file, and the 184th of 786 in management of companies. In 2024, employees put in $2.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$124,798,978
Participants with balances4,054
Active participants2,428
Employer contributions$4,585,655
Employee contributions$11,260,349
Employer contribution per active participant$1,889
Average account balance$30,784
Benefits paid to participants$9,084,393
Plan auditUnmodified (clean) audit opinion
AuditorPRICEWATERHOUSE COOPERS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$124.8M · 4,054 accts · $4.6M emplr
2023$95.3M · 4,190 accts · $4.3M emplr
2022$73.9M · 3,786 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,512
Investment management$13,581
Trustee / custodial$311,278
Total administrative$368,371
The Fs Brands, Inc. 401(k) match · 2024
Employer contribution per active participant$1,889
Median for plans this size$3,635
2024$1,889 per active participant
2023$1,726 per active participant
2022$1,728 per active participant

Fs Brands, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$354,790
ALERUS INVESTMENT ADVISORS, INC. · Investment advisory (participants) · Investment advisory (plan)$13,581

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$368,371 · 0.33%
2023$282,145 · 0.33%
2022$255,495 · 0.33%
Similar plansManagement of Companies · Massachusetts
State Street Corporation MA$6.5B · 0.04%
Crane Nxt, Co. MA$373.2M · 0.09%
Brightsphere Inc. MA$320.2M · 0.02%
Ledvance LLC MA$186.2M · 0.40%
Belmont Capital LLC MA$42.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421771604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.