Plan Ledger DOL Form 5500 · updated monthly

Fcp, Inc.401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF FCP, INC. · LAWRENCE, MA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Fcp, Inc. reported $575 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,337th of 2,726), and 8,104th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,672,766
Participants with balances188
Active participants192
Employer contributions$0
Employee contributions$132,282
Employer contribution per active participant$0
Average account balance$24,855
Benefits paid to participants$189,354
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.7M · 188 accts
2022$4.1M · 180 accts · $39 emplr
The Fcp, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Fcp, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$574

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

Administrative cost history2
2023$575 · 0.01%
2022$888 · 0.02%
Similar plansHealth Care & Social Assistance · Massachusetts
Saint Francis House, Inc. MA$5.0M · 0.13%
Uhealthsolutions, Inc. MA$4.9M · 0.02%
18 Degrees, Inc. MA$4.7M · 0.06%
The Essex Group Inc. MA$4.6M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042867023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.