Plan Ledger DOL Form 5500 · updated monthly

Femg Holdings, LLC401(k)

FEMG HOLDINGS, LLC 401(K) PLAN · LAND O LAKES, FL · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Femg Holdings, LLC reported $104,239 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,834 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 0.85% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,113th-largest of 3,644 plans among Florida employers on file, and the 3,690th of 11,911 in health care & social assistance. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 745 to 522 since 2022.

Plan summary
Net assets, end of year$20,072,947
Participants with balances757
Active participants522
Employer contributions$957,105
Employee contributions$2,093,050
Employer contribution per active participant$1,834
Average account balance$26,516
Benefits paid to participants$2,868,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 757 accts · $957K emplr
2023$18.0M · 799 accts · $2.1M emplr
2022$10.8M · 950 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,976
Total administrative$104,239
The Femg Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,834
Median for plans this size$2,416
2024$1,834 per active participant
2023$3,197 per active participant
2022$2,245 per active participant

Femg Holdings, LLC's 2024 employer contribution ran below the $2,416 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
BENEFIT SOLUTIONS, ETC. · Contract administrator$40,458
MERRILL LYNCH · Investment advisory (plan)$26,371
EMPOWER ADVISORY GROUP · Investment management$845

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

Administrative cost history3
2024$104,239 · 0.55%
2023$73,698 · 0.51%
2022$84,734 · 0.85%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Monte Nido & Affiliates FL$20.3M · 0.75%
Magruder Eye Institute FL$20.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831547207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.