Plan Ledger DOL Form 5500 · updated monthly

Famsa401(k)

FAMSA 401(K) PROFIT SHARING PLAN · FARMERS BRANCH, TX · plan year 2022

Reported admin expense ratio · 2022
0.54%

Famsa reported $16,699 in plan administrative expenses for 2022: 0.54% of average plan assets, above the peer median. 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 0.54% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (4,682nd of 5,688), and 4,462nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,684,587
Participants with balances122
Active participants231
Employer contributions—
Employee contributions$102,433
Employer contribution per active participant—
Average account balance$22,005
Benefits paid to participants$329,505
Plan auditUnmodified (clean) audit opinion
AuditorJONES & MALHOTRA
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 83 accts
2023$2.6M · 107 accts
2022$2.7M · 122 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,699
Total administrative$16,699
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$15,697 · 0.64%
2023$15,506 · 0.59%
2022$16,699 · 0.54%
Same employer
Similar plansRetail Trade · Texas
Landmark Industries, LTD. TX$2.8M · 0.90%
Supergoop, LLC TX$2.8M · 0.69%
Douglass Nissan, Inc. TX$2.7M · 0.00%
Bobcat Contracting, LLC TX$2.7M · 0.05%
Randall Noe Hyundai, LP TX$2.7M · 0.30%
C & N Investments, Inc. TX$2.6M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954798956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.