Plan Ledger DOL Form 5500 · updated monthly

Fsi, Inc.401(k)

FSI, INC. 401(K) & PROFIT SHARING PLAN · PORTAGE, WI · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Fsi, Inc. reported $14,643 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $282 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 0.15% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Wisconsin (1,356th of 1,936), and the 626th of 2,240 in accommodation & food services. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 1,347 to 1,804 since 2022.

Plan summary
Net assets, end of year$8,831,441
Participants with balances317
Active participants1,804
Employer contributions$508,355
Employee contributions$1,082,707
Employer contribution per active participant$282
Average account balance$27,859
Benefits paid to participants$524,325
Plan auditUnmodified (clean) audit opinion
AuditorMBE CPAS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 317 accts · $508K emplr
2023$6.7M · 285 accts · $416K emplr
2022$4.6M · 248 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,374
Investment management$9,269
Total administrative$14,643
The Fsi, Inc. 401(k) match · 2024
Employer contribution per active participant$282
Median for plans this size$1,313
2024$282 per active participant
2023$309 per active participant
2022$267 per active participant

Fsi, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
EMPOWER ADVISORY GROUP LLC · Investment management$9,269
PREMIER RETIREMENT PARTNERS · Contract administrator$2,329
AMERIPRISE FINANCIAL SERVICES INCindirect comp

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$14,643 · 0.19%
2023$11,868 · 0.21%
2022$6,922 · 0.15%
Same employer
Similar plansAccommodation & Food Services · Wisconsin
Valley Management, Inc. WI$8.3M · 0.50%
Schanock Packerland, LLC WI$8.0M · 0.34%
Cousins Submarines, Inc. WI$6.6M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391751953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.