Plan Ledger DOL Form 5500 · updated monthly

Fgmk, LLC401(k)

FGMK, LLC EMPLOYEES 401(K) PLAN · BANNOCKBURN, IL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Fgmk, LLC reported $3,200 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,635 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 686th-largest of 3,702 plans among Illinois employers on file, and the 1,924th of 11,654 in professional & technical services. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 217 to 255 since 2022.

Plan summary
Net assets, end of year$75,632,103
Participants with balances311
Active participants255
Employer contributions$2,456,913
Employee contributions$3,826,945
Employer contribution per active participant$9,635
Average account balance$243,190
Benefits paid to participants$1,828,758
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.6M · 311 accts · $2.5M emplr
2023$59.4M · 288 accts · $2.2M emplr
2022$46.8M · 271 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,900
Total administrative$3,200
The Fgmk, LLC 401(k) match · 2024
Employer contribution per active participant$9,635
Median for plans this size$3,635
2024$9,635 per active participant
2023$9,254 per active participant
2022$7,766 per active participant

Fgmk, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
FGMK FINANCIAL SERVICES, LLC · Other servicesindirect comp

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$3,200 · 0.00%
2023$3,000 · 0.01%
2022$4,758 · 0.01%
Same employer
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V3 Companies, LTD. IL$76.3M · 0.15%
Follett Software, LLC IL$75.5M · 0.05%
Avma Life Trust, LLC IL$74.7M · 0.96%
Kerber, Eck & Braeckel LLP IL$74.5M · 0.08%
Ricondo & Associates, Inc. IL$74.1M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362929601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.