Plan Ledger DOL Form 5500 · updated monthly

Facsimile Communications Industries, Inc. dba Atlantic Tomorrowsoffice401(k)

ATLANTIC TOMORROWSOFFICE 401(K)PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.64%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Facsimile Communications Industries, Inc. dba Atlantic Tomorrowsoffice reported $179,575 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.42% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,994th-largest of 5,648 plans among New York employers on file, and the 4,574th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$29,184,402
Participants with balances418
Active participants370
Employer contributions$0
Employee contributions$1,976,622
Employer contribution per active participant$0
Average account balance$69,819
Benefits paid to participants$2,824,069
Plan auditUnmodified (clean) audit opinion
AuditorPW PARTNERS
Plan history3
Yearassets · accounts · employer contribution
2024$29.2M · 418 accts
2023$27.0M · 370 accts
2022$26.3M · 502 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,946
Investment management$67,629
Total administrative$179,575
The Facsimile Communications Industries, Inc. dba Atlantic Tomorrowsoffice 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Facsimile Communications Industries, Inc. dba Atlantic Tomorrowsoffice's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$98,235
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)$67,629
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$179,575 · 0.64%
2023$161,654 · 0.61%
2022$131,020 · 0.42%
Same employer
Similar plansManufacturing · New York
Monaghan Medical Corp. NY$29.9M · 0.21%
Wac Lighting NY$29.6M · 0.43%
Beech-Nut Nutrition Company NY$29.4M · 0.06%
Pubworx Services LLC NY$29.0M · 0.01%
Golden Artist Colors, Inc. NY$28.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131947545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.