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Original filing (PDF)20251007145238NAL0008148192001
FUNCTIONAL DEVICES, INC.
Form 5500
FILING_RECEIVED
FUNCTIONAL DEVICES 401(K) PROFIT SHARING PLAN
401(k) retirement plan
Signals · 2
~83 bps in Sched C feesNo recordkeeper disclosed
Active participants
153
Accounts w/ balance
193
Plan assets (EOY)
$5.9M
Net assets (EOY)
$5.9M
How this plan invests
This plan
1 pooled trust
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 83 bps in Schedule C fees — 59% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FUNCTIONAL DEVICES, INC..
Plan sponsor
Name
FUNCTIONAL DEVICES, INC.
EIN
35-1161515
Address
101 COMMERCE DRIVE · SHARPSVILLE, IN · 46068
Phone
(765) 883-5538
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-07
Pension benefit codes
2S · Automatic enrollment
2E · Profit-sharing
3D · Pre-approved plan (master / prototype / VS)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2F · ERISA section 404(c)
2T · Default investment account (QDIA)
Audit & trust (Schedule H)
Auditor
CARON & BLETZER PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FAIRCOURT PARTNERS, LLC | — | CHICAGO, IL | NONE | $27K | — |
| THE VANGUARD GROUP, INC. | 23-1945930 | — | NONE | $22K | — |
Investments
27 direct securities · 1 pooled fund· $5.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$5.8M
27 holdings
Common Collective Trust
$149K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds New Perspective R6 American Funds 0 | — | — | — | $821K | 13.9% | |
| DFA U.S. Large Cap Value Portfolio I DFA 0 | — | — | — | $777K | 13.2% | |
| DFA U.S. Small Cap Portfolio I DFA 0 | — | — | — | $478K | 8.1% | |
| Vanguard Target Retirement 2060 Fund Vanguard 0 | — | — | — | $455K | 7.7% | |
| Vanguard Total Intl Stock Index Adm Vanguard 0 | — | — | — | $444K | 7.5% | |
| T. Rowe Price Blue Chip Growth I T. Rowe Price 0 | — | — | — | $334K | 5.7% | |
| PIMCO Income Instl PIMCO 0 | — | — | — | $322K | 5.5% | |
| JPMorgan Core Plus Bond R6 JP Morgan 0 | — | — | — | $284K | 4.8% | |
| Vanguard 500 Index Adm Vanguard 0 | — | — | — | $231K | 3.9% | |
| Vanguard Extended Market Index Adm Vanguard 0 | — | — | — | $221K | 3.7% | |
| Vanguard Target Retirement 2055 Fund Vanguard 0 | — | — | — | $207K | 3.5% | |
| Vanguard Target Retirement 2045 Fund Vanguard 0 | — | — | — | $161K | 2.7% | |
| FEDERATED HERMES CAPITAL PRES I FEDERATED HERMES · EIN 22-2712853 / PN 001 | Common Collective Trust | — | — | $149K | 2.5% | |
| Vanguard Target Retirement 2050 Fund Vanguard 0 | — | — | — | $139K | 2.4% | |
| Vanguard Target Retirement 2030 Fund Vanguard 0 | — | — | — | $128K | 2.2% | |
| Vanguard Target Retirement 2065 Fund Vanguard 0 | — | — | — | $106K | 1.8% | |
| Vanguard Target Retirement 2040 Fund Vanguard 0 | — | — | — | $104K | 1.8% | |
| Vanguard Cash Reserves Federal MM Adm Vanguard 0 | — | — | — | $97K | 1.6% | |
| DFA Global Real Estate Securities DFA 0 | — | — | — | $82K | 1.4% | |
| AQR Multi-Asset R6 AQR 0 | — | — | — | $78K | 1.3% | |
| DFA Emerging Markets Core Eqty 2 Port DFA 0 | — | — | — | $74K | 1.3% | |
| Vanguard Target Retirement 2035 Fund Vanguard 0 | — | — | — | $58K | 1.0% | |
| DFA International Core Eqty 2 Port DFA 0 | — | — | — | $49K | 0.8% | |
| Vanguard Target Retirement 2025 Fund Vanguard 0 | — | — | — | $40K | 0.7% | |
| Vanguard Target Retirement 2020 Fund Vanguard 0 | — | — | — | $37K | 0.6% | |
| Vanguard Short-Term Invest Grade Adm Vanguard 0 | — | — | — | $18K | 0.3% | |
| Vanguard Balanced Index Adm Vanguard 0 | — | — | — | $8K | 0.1% | |
| Vanguard Target Retirement 2070 Fund Vanguard 0 | — | — | — | $3K | <0.1% |
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