Plan Ledger DOL Form 5500 · updated monthly

Fgm Architects Inc.401(k)

FGM RETIREMENT PLAN · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Fgm Architects Inc. reported $114,452 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,896 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 0.41% to 0.36%. 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 the 1,200th-largest of 3,702 plans among Illinois employers on file, and the 3,737th of 11,654 in professional & technical services. In 2024, employees put in $3.72 for every $1.00 the employer contributed; active participation has grown from 199 to 238 since 2022.

Plan summary
Net assets, end of year$34,487,636
Participants with balances257
Active participants238
Employer contributions$689,262
Employee contributions$2,565,312
Employer contribution per active participant$2,896
Average account balance$134,193
Benefits paid to participants$1,172,254
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 257 accts · $689K emplr
2023$28.6M · 234 accts · $426K emplr
2022$20.5M · 215 accts · $448K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,452
Total administrative$114,452
The Fgm Architects Inc. 401(k) match · 2024
Employer contribution per active participant$2,896
Median for plans this size$2,416
2024$2,896 per active participant
2023$1,926 per active participant
2022$2,253 per active participant

Fgm Architects Inc.'s 2024 employer contribution ran above 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$7,459

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

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$114,452 · 0.36%
2023$94,690 · 0.39%
2022$78,815 · 0.41%
All plans at this employer2
FGM RETIREMENT PLAN401(k)
FGM EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 370900899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.