Plan Ledger DOL Form 5500 · updated monthly

Fac Services, LLC401(k)

RETIREMENT SAVINGS PLAN OF FLAD AFFILIATED CORP. · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Fac Services, LLC reported $293,029 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,299 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 0.12% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 80th-largest of 1,936 plans among Wisconsin employers on file, and the 61st of 2,534 in administrative & support services. In 2024, employees put in $3.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$383,664,023
Participants with balances2,095
Active participants1,399
Employer contributions$6,014,716
Employee contributions$19,494,525
Employer contribution per active participant$4,299
Average account balance$183,133
Benefits paid to participants$28,531,962
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$383.7M · 2,095 accts · $6.0M emplr
2023$338.0M · 2,032 accts · $8.0M emplr
2022$278.4M · 1,950 accts · $9.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,317
Investment management$62,712
Total administrative$293,029
The Fac Services, LLC 401(k) match · 2024
Employer contribution per active participant$4,299
Median for plans this size$4,294
2024$4,299 per active participant
2023$5,801 per active participant
2022$6,705 per active participant

Fac Services, LLC's 2024 employer contribution ran above the $4,294 median for plans its size. 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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$230,317
FRANCIS LLC · Consulting · Investment advisory (plan)$62,712
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$293,029 · 0.08%
2023$303,553 · 0.10%
2022$364,846 · 0.12%
Similar plansAdministrative & Support Services · Wisconsin
Manpowergroup Inc. WI$686.1M · 0.20%
Empower HR, LLC WI$157.0M · 0.80%
Cielo, Inc. WI$63.5M · 0.38%
Visu-Sewer, Inc. WI$41.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461574498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.