Plan Ledger DOL Form 5500 · updated monthly

Futaba Corporation of America401(k)

PROFIT SHARING PLAN FOR EMPLOYEES OF FUTABA CORPORATION OF AMERICA · HOFFMAN ESTATES, AL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Futaba Corporation of America reported $41,998 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $1,479 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.

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 Alabama (522nd of 902), and 9,708th of 13,661 in manufacturing. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,933,753
Participants with balances126
Active participants80
Employer contributions$118,343
Employee contributions$358,403
Employer contribution per active participant$1,479
Average account balance$62,966
Benefits paid to participants$1,762,738
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,948
Total administrative$41,998
The Futaba Corporation of America 401(k) match · 2024
Employer contribution per active participant$1,479
Median for plans this size$1,313

Futaba Corporation of America's 2024 employer contribution ran above the $1,313 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 · 20242
WILLIAM BLAIR & COMPANY LLCindirect comp

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

Administrative cost history1
2024$41,998 · 0.52%
Same employer
Similar plansManufacturing · Alabama
Main Street Checks, Inc AL$8.2M · 0.26%
Legacy Cabinets, Inc AL$8.2M · 0.83%
Sims Bark Co., Inc. AL$8.1M · 0.69%
Sunshine Homes, Inc. AL$7.9M · 0.53%
Spoc Automation, Inc. AL$7.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952845307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.