Plan Ledger DOL Form 5500 · updated monthly

Fdm Group, Inc.401(k)

FDM GROUP, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Fdm Group, Inc. reported $56,171 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $926 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 0.59% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,315th of 5,648), and 7,366th of 11,654 in professional & technical services. In 2024, employees put in $5.34 for every $1.00 the employer contributed; active participation has shrunk from 988 to 474 since 2022.

Plan summary
Net assets, end of year$12,089,882
Participants with balances873
Active participants474
Employer contributions$438,764
Employee contributions$2,343,113
Employer contribution per active participant$926
Average account balance$13,849
Benefits paid to participants$2,964,065
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 873 accts · $439K emplr
2023$10.6M · 1,077 accts · $832K emplr
2022$6.8M · 1,160 accts · $592K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,316
Investment management$27,855
Total administrative$56,171
The Fdm Group, Inc. 401(k) match · 2024
Employer contribution per active participant$926
Median for plans this size$2,416
2024$926 per active participant
2023$1,075 per active participant
2022$600 per active participant

Fdm Group, Inc.'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$28,316
RBC · Recordkeeping · Trustee$27,855

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

Recordkeeper by year2
2024ADP, RBC
2023ADP, RBC

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Administrative cost history3
2024$56,171 · 0.49%
2023$42,487 · 0.49%
2022$39,834 · 0.59%
Same employer
Similar plansProfessional & Technical Services · New York
Ted Moudis Associates, Inc. NY$12.2M · 0.19%
Rpci Oncology, PC NY$12.1M · 0.46%
Aai Associates, Inc. NY$12.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522077830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.