Fraenkische USA 401(k) match, vesting and fees
What Fraenkische USA's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Betterment for Business, LLC | 2023 Schedule C ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 58,980 defined-contribution plans in manufacturing with fewer than 100 participants.
| Fraenkische USA: employer contribution per participant | $1,117 | |
| Peer median | $1,774 |
| Fraenkische USA: average balance | $42,413 | |
| Peer median | $61,061 |
| Fraenkische USA: admin expenses ÷ assets | 0.67% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.4M at the end of plan year 2021 to $2.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 85 | $2.8M | $75K | $1,117 | 0.67% | Not published | 5500-SF ↗ |
| 2023 | 95 | $3.4M | $135K | $1,707 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 193 | $3.7M | $134K | $1,325 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 164 | $4.4M | $137K | $1,522 | 0.28% | Not published | Form 5500 ↗ |
Common questions
Does Fraenkische USA match 401(k) contributions?
The match terms for the Fraenkische USA, LP 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $75K in employer contributions, about $1,117 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Fraenkische USA 401(k) match vested?
The vesting schedule for the Fraenkische USA, LP 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Fraenkische USA 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Betterment for Business, LLC. The plan administrator is Fraenkische USA LP.
I left Fraenkische USA. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Fraenkische USA LP, (864) 328-0021) or the recordkeeper, Betterment for Business, LLC. The Fraenkische USA old 401(k) page lists the contacts from every plan filing. Find an old Fraenkische USA 401(k)
Data from the public Form 5500 annual reports Fraenkische USA filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Fraenkische USA. Not financial advice. Report a correction · Methodology