Employers › Manitowoc Marine Group › plan 001
Recordkeeping fees per participant · Fincantieri Marine Group 401(k) Retirement Plan · plan year 2024
$19.70
Higher than 18% of the 5,847 plans $50 to 250M that report it.
= $25,829 / 1,311
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250724143915NAL0002608483001, received 2025-07-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250724143915NAL0002608483001, received 2025-07-24
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-24.
Administrative expenses excluding investment management, per participant
$19.70
Higher than 12% of the 8,758 plans $50 to 250M that report it.
= $25,829 / 1,311
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250724143915NAL0002608483001, received 2025-07-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250724143915NAL0002608483001, received 2025-07-24
Administrative expenses per participant
$133.95
Higher than 50% of the 9,042 plans $50 to 250M that report it.
= $175,614 / 1,311
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250724143915NAL0002608483001, received 2025-07-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250724143915NAL0002608483001, received 2025-07-24
Administrative expenses as a share of assets
0.183%
Higher than 65% of the 9,049 plans $50 to 250M that report it.
= $175,614 / $95,728,797
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250724143915NAL0002608483001, received 2025-07-24
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250724143915NAL0002608483001, received 2025-07-24
Employer contributions per participant
$3,124
Higher than 57% of the 9,105 plans $50 to 250M that report it.
= $4,095,375 / 1,311
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250724143915NAL0002608483001, received 2025-07-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250724143915NAL0002608483001, received 2025-07-24
Employer share of total contributions
37.6%
Higher than 72% of the 9,112 plans $50 to 250M that report it.
= $4,095,375 / $10,877,537
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250724143915NAL0002608483001, received 2025-07-24
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250724143915NAL0002608483001, received 2025-07-24
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250724143915NAL0002608483001, received 2025-07-24
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FINCANTIERI MARINE GROUP LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Plan name | FINCANTIERI MARINE GROUP 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Sponsor EIN / plan number | 39-1947771 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Sponsor location | GREEN BAY, WI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Industry (business code) | 336610, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Filing received | 2025-07-24 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Participants, beginning of year | 1,330 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Active participants | 942 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Participants, end of year | 1,322 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Participants with an account balance | 1,311 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Total assets, beginning of year | $85,246,294 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Total assets, end of year | $95,728,797 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Net assets, end of year | $95,728,797 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Total income | $21,612,805 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Net income | $10,310,545 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Employer contributions | $4,095,375 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Participant contributions | $6,007,052 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Other contributions (incl. rollovers) | $775,110 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Total contributions | $10,877,537 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Benefit payments | $11,126,646 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Total expenses (incl. benefit payments) | $11,302,260 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Total administrative expenses | $175,614 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Recordkeeping fees | $25,829 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Investment advisory and management fees | $149,785 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Administrative expenses excluding investment management | $25,829 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Held in common/collective trusts | $4,403,397 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Held in mutual funds | $89,524,778 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250724143915NAL0002608483001, received 2025-07-24 |
| Independent auditor | CLIFTONLARSONALLEN, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250724143915NAL0002608483001, received 2025-07-24 |
Position = column in the DOL layout for form year 2024. Filing 20250724143915NAL0002608483001, received 2025-07-24.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ASSOCIATED TRUST COMPANY, N.A.recordkeeper | NONE | 15 Recordkeeping and information management; 17 Consulting (pension); 24 Trustee (discretionary); 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 64 Recordkeeping fees; 70 Consulting fees | $175,614 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250724143915NAL0002608483001, received 2025-07-24.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $85,246,294 | $95,728,797 | 12.3% |
| Participants with a balance | 1,321 | 1,311 | -0.8% |
| Administrative expenses | $164,051 | $175,614 | 7.0% |
| Recordkeeping fees per participant | $20.14 | $19.70 | -2.2% |
| Employer contributions | $3,637,358 | $4,095,375 | 12.6% |
Prior filing 20240717152908NAL0007682864004, received 2024-07-17; the plan years are contiguous.