Plan Ledger DOL Form 5500 · updated monthly

Fig LLC401(k)

FIG LLC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Fig LLC reported $251,788 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $7,142 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 3 years on file its reported administrative ratio has held roughly steady near 0.069%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 273rd-largest of 5,648 plans among New York employers on file, and the 364th of 4,798 in finance & insurance. In 2024, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$393,752,625
Participants with balances1,271
Active participants757
Employer contributions$5,406,625
Employee contributions$18,082,866
Employer contribution per active participant$7,142
Average account balance$309,798
Benefits paid to participants$25,616,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$393.8M · 1,271 accts · $5.4M emplr
2023$331.7M · 1,256 accts · $5.2M emplr
2022$271.7M · 1,241 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,848
Investment management$95,232
Total administrative$251,788
The Fig LLC 401(k) match · 2024
Employer contribution per active participant$7,142
Median for plans this size$4,294
2024$7,142 per active participant
2023$6,893 per active participant
2022$6,259 per active participant

Fig LLC's 2024 employer contribution ran above the $4,294 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 · 20243
FIDUCIENT ADVISORS LLC · Consulting$95,300
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$95,232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,948

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$251,788 · 0.07%
2023$256,392 · 0.08%
2022$211,125 · 0.07%
Same employer
Similar plansFinance & Insurance · New York
Msci Inc. NY$430.1M · 0.00%
Nbt Bancorp Inc. NY$415.4M · 0.01%
AG US Group Services Inc. NY$409.7M · 0.00%
Commerzbank AG NY$385.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133989886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.