Fry Communications, Inc. 401(k) Review & Grade
Fry Communications, Inc. Retirement Plan
Mechanicsburg, PAManufacturing610 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,048Employer $ per active participant
$4,547Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$87.6MNet plan assets, end of year
$121,710Average balance per account
Score breakdown
- Employer generosity9.1 / 5018th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1545th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 56th |
| Employee saving | 45th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Fry Communications put in about $1,048 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $639,549 |
| Participant (employee) contributions | $2,776,185 |
| Other contributions (incl. rollovers in) | $7,204 |
| Administrative expenses paid from the plan | $164,687 |
| Contract administrator fees | $164,687 |
| Benefits paid out | $14,996,163 |
| Net assets, start / end of year | $87.4M / $87.6M |
| Active participants, start / end of year | 615 / 606 |
| Participants with account balances | 720 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Trout CPA |
Largest service providers (Schedule C)
| Stancorp Financial Group | $164,687 reported compensation |
| Reliance Trust Company | $1,923 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014103021NAL0002629089001, received 2025-10-14, EIN 23-1885979, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.