Plan Ledger DOL Form 5500 · updated monthly

Fairway Lawns, LLC401(k)

FAIRWAY LAWNS, INC. 401(K) PROFIT SHARING PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Fairway Lawns, LLC reported $59,000 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $828 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 0.32% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 164th-largest of 456 plans among Arkansas employers on file, and the 661st of 2,534 in administrative & support services. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 339 to 1,317 since 2022.

Plan summary
Net assets, end of year$18,249,538
Participants with balances518
Active participants1,317
Employer contributions$1,090,109
Employee contributions$2,200,648
Employer contribution per active participant$828
Average account balance$35,231
Benefits paid to participants$2,056,290
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 518 accts · $1.1M emplr
2023$13.3M · 494 accts · $855K emplr
2022$9.2M · 207 accts · $346K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,239
Investment management$17,761
Total administrative$59,000
The Fairway Lawns, LLC 401(k) match · 2024
Employer contribution per active participant$828
Median for plans this size$2,416
2024$828 per active participant
2023$776 per active participant
2022$1,020 per active participant

Fairway Lawns, LLC'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
NATIONWIDE · Recordkeeping$1,737
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,499
MARSH & MCLENNAN AGENCY, · Investment advisory (plan)$17,761

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$59,000 · 0.37%
2023$40,506 · 0.36%
2022$33,373 · 0.32%
Same employer
Similar plansAdministrative & Support Services · Arkansas
My HR Pros AR$79.6M · 0.59%
Denali Water Solutions LLC AR$49.8M · 0.25%
Central Research, Inc. AR$6.4M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710516310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.