Plan Ledger DOL Form 5500 · updated monthly

Fanduel Group, Inc.401(k)

401(K) PLAN FOR EMPLOYEES OF FANDUEL GROUP, INC. AND SUBSIDIARIES · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Fanduel Group, Inc. reported $252,127 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $4,484 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 0.07% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 574th-largest of 5,648 plans among New York employers on file, and the 169th of 786 in management of companies. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 2,443 to 3,157 since 2022.

Plan summary
Net assets, end of year$157,723,669
Participants with balances2,682
Active participants3,157
Employer contributions$14,157,053
Employee contributions$23,699,345
Employer contribution per active participant$4,484
Average account balance$58,808
Benefits paid to participants$7,660,418
Plan auditUnmodified (clean) audit opinion
AuditorCARBON & BLETZER, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$157.7M · 2,682 accts · $14.2M emplr
2023$104.2M · 2,285 accts · $10.9M emplr
2022$61.9M · 1,767 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$171,140
Investment management$69,404
Audit (IQPA)$11,583
Total administrative$252,127
The Fanduel Group, Inc. 401(k) match · 2024
Employer contribution per active participant$4,484
Median for plans this size$3,635
2024$4,484 per active participant
2023$3,717 per active participant
2022$2,737 per active participant

Fanduel Group, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$171,140
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$69,404
TAWNEY, PPLC · Accounting / audit$11,583
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$252,127 · 0.19%
2023$177,042 · 0.21%
2022$41,568 · 0.07%
Similar plansManagement of Companies · New York
Moelis & Company Holdings LP NY$206.4M · 0.05%
Loews Corporation NY$167.7M · 0.01%
Lvmh Inc. NY$166.1M
Hps Investment Partners, LLC NY$102.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830606053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.