# Festo Corporation 401(k) Plan
Source: https://planprovider.pro/companies/festo-corporation-401k-plan

> Festo Corporation's 401(k) plan: 990 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Festo Corporation

- **Sponsor EIN:** 112270659

- **Sponsor Address:** 1377 MOTOR PARKWAY, ISLANDIA, NY, 11749

- **Plan Type:** 401(k)

- **Total Participants:** 990

- **Total Assets:** $171.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|990|$171.1M|$3.0M|$8.2M|

| 2023|919|$146.3M|$3.0M|$8.2M|

| 2022|872|$119.0M|$2.8M|$7.6M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$83,868|—|$83,868|

| CAPFINANCIAL PARTNERS, LLC|CONSULTANT|$52,561|—|$52,561|

| BDO USA LLP|ACCOUNTANT/AUDITOR|$31,334|—|$31,334|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [BDO USA LLP](https://planprovider.pro/provider/bdo-usa-pc) — ACCOUNTANT/AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $167,763

- **Estimated Expense Ratio:** 0.098% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$97,763|—|—|—|—|

| 2023|$95,198|—|—|—|—|

| 2022|$67,745|—|—|—|—|

## Similar Plans

- [Stark Tech Operating Company LLC](https://planprovider.pro/companies/stark-tech-operating-company-llc-401k-plan) — 591 participants

- [Newbury Franklin Industrials LLC](https://planprovider.pro/companies/newbury-franklin-industrials-llc-401k-plan) — 351 participants

- [Haun Welding Supply, INC](https://planprovider.pro/companies/haun-welding-supply-inc-401k-plan) — 316 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/festo-corporation-401k-plan)

© 2026 PlanProvider.Pro