Plan Ledger DOL Form 5500 · updated monthly

F3EA, Inc.401(k)

F3EA, INC. 401(K) RETIREMENT PLAN · SAVANNAH, GA · plan year 2024

Reported admin expense ratio · 2024
1.36%

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

F3EA, Inc. reported $49,157 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,881 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 fell from 1.82% to 1.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,707th of 2,160), and 10,118th of 11,654 in professional & technical services. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,130,778
Participants with balances222
Active participants144
Employer contributions$702,912
Employee contributions$829,584
Employer contribution per active participant$4,881
Average account balance$18,607
Benefits paid to participants$993,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 222 accts · $703K emplr
2023$3.1M · 214 accts · $255K emplr
2022$1.7M · 148 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,562
Investment management$16,595
Total administrative$49,157
The F3EA, Inc. 401(k) match · 2024
Employer contribution per active participant$4,881
Median for plans this size$1,313
2024$4,881 per active participant
2023$1,466 per active participant
2022$1,486 per active participant

F3EA, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ADP, INC. · Loan processing · Recordkeeping$32,562
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$16,595
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$49,157 · 1.36%
2023$36,297 · 1.50%
2022$27,600 · 1.82%
Same employer
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Ebryit, Inc. GA$4.1M · 0.76%
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Source: U.S. Department of Labor, Form 5500 series, EIN 464310406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.