Retirement plan

FRX MANAGEMENT HOLDINGS 401(K) PLAN

Name: FRX MANAGEMENT HOLDINGS - FRX MANAGEMENT HOLDINGS 401(K) PLAN (2024) Form 5500
Creator: FRX MANAGEMENT HOLDINGS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRX MANAGEMENT HOLDINGS 401(K) PLAN, FRX MANAGEMENT HOLDINGS

FRX MANAGEMENT HOLDINGSEIN 83-2189929Plan #001PY 2024

660 MARTIN LUTHER KING JR BLVD. - FARRELL, PA 16121330-720-5587

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$1M

+35.0% from 2023

Total participants

201

-3.8% from 2023

Average account balance

$5,465

+23.9% from 2023

Annual return

14.21%

-7.83 pp from 2023

Benchmarks

See 575 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort575 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.00M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$5K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

183

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

71.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$412K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$91

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Service code 15 · EIN 01-0233346	Recordkeeping	$1,966
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ASSOCIATES INC(USA) Service code 26 · EIN 95-2755361	Advisory (Participants)	$185

Plan features & details

Pension benefit codes2E2F2J2T3B3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$17K

$269 / participant

Investment mgmt$1851.1%
Actuarial$1K8.6%
Contract admin$15K90.3%

% of EOY assets

1.668%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HILL BARTH & KING LLC
Auditor EIN: 341897225
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$5,465

$96,136-94.3%

$135,987-96.0%

$80,925-93.2%

Participation rate

71.0%

71.2%-0.3pp

76.4%-5.5pp

67.7%+3.3pp

Annual return

14.21%

28.70%-14.5pp

580.01%-565.8pp

35.65%-21.4pp

Employer contribution / active EE

$3,075

$3,350-8.2%

$4,214-27.0%

$2,756+11.6%

Participant deferral / active EE

$3,577

$5,706-37.3%

$7,027-49.1%

$4,299-16.8%

Admin fee / account holder

$91

$8,236-98.9%

$6,716-98.6%

$6,940-98.7%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Service code 15 · EIN 01-0233346

Recordkeeping

$1,966

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ASSOCIATES INC(USA)

Service code 26 · EIN 95-2755361

Advisory (Participants)

$185

FRX MANAGEMENT HOLDINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRX MANAGEMENT HOLDINGS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion