Plan Ledger DOL Form 5500 · updated monthly

Future Pipe Industries, Inc.401(k)

FUTURE PIPE INDUSTRIES, INC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Future Pipe Industries, Inc. reported $3,606 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,176 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 0.07% to 0.10%. 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 Texas (4,376th of 5,688), and 11,880th of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 102 to 159 since 2022.

Plan summary
Net assets, end of year$3,750,667
Participants with balances153
Active participants159
Employer contributions$186,960
Employee contributions$274,881
Employer contribution per active participant$1,176
Average account balance$24,514
Benefits paid to participants$646,135
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 153 accts · $187K emplr
2023$3.5M · 134 accts · $179K emplr
2022$3.0M · 110 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,212
Investment management$394
Total administrative$3,606
The Future Pipe Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,176
Median for plans this size$1,313
2024$1,176 per active participant
2023$1,377 per active participant
2022$1,572 per active participant

Future Pipe Industries, Inc.'s 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,212

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$3,606 · 0.10%
2023$2,402 · 0.07%
2022$2,287 · 0.07%
Same employer
Similar plansManufacturing · Texas
Madden Bolt Corporation TX$3.8M · 0.07%
Edsco Fasteners, LLC TX$3.8M · 0.50%
Freund Enterprises, Inc. TX$3.7M · 1.04%
Kw International, LLC TX$3.5M · 1.18%
Rdt, Inc. TX$3.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760160155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.