Futuramic Tool & Engineering Company401(k)

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

Futuramic Tool & Engineering Company reported $32,370 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,425 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 0.18% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 718th-largest of 2,619 plans among Michigan employers on file, and the 4,135th of 13,661 in manufacturing. In 2024, employees put in $3.34 for every $1.00 the employer contributed; active participation has grown from 196 to 283 since 2022.