Plan Ledger DOL Form 5500 · updated monthly

Fujitec America Inc.401(k)

FUJITEC AMERICA EMPLOYEES RETIREMENT PLAN · MASON, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Fujitec America Inc. reported $176,750 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,867 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 fell from 0.67% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 993rd-largest of 3,295 plans among Ohio employers on file, and the 736th of 3,341 in other services. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 163 to 203 since 2022.

Plan summary
Net assets, end of year$29,438,250
Participants with balances251
Active participants203
Employer contributions$785,066
Employee contributions$1,372,168
Employer contribution per active participant$3,867
Average account balance$117,284
Benefits paid to participants$4,342,445
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 251 accts · $785K emplr
2023$27.3M · 287 accts · $714K emplr
2022$25.2M · 264 accts · $733K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,834
Investment management$103,718
Audit (IQPA)$12,500
Total administrative$176,750
The Fujitec America Inc. 401(k) match · 2024
Employer contribution per active participant$3,867
Median for plans this size$2,416
2024$3,867 per active participant
2023$4,083 per active participant
2022$4,494 per active participant

Fujitec America 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 · 20243
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$124,416
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,834
FLAGEL HUBER FLAGEL · Accounting / audit$12,500

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$176,750 · 0.62%
2023$185,970 · 0.71%
2022$186,917 · 0.67%
Same employer
Similar plansOther Services · Ohio
Ccfi Companies, LLC OH$68.5M · 0.32%
The Ohio Automobile Club OH$34.3M · 0.34%
Brechbuhler Scales, Inc. OH$28.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222190686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.