Plan Ledger DOL Form 5500 · updated monthly

Figure Technology Solutions401(k)

FIGURE 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Figure Technology Solutions reported $54,274 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3,905th-largest of 9,483 plans among California employers on file, and 3,234th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$18,000,915
Participants with balances523
Active participants423
Employer contributions$0
Employee contributions$3,928,737
Employer contribution per active participant$0
Average account balance$34,419
Benefits paid to participants$3,596,950
Plan auditUnmodified (clean) audit opinion
AuditorFRANK, RIMERMAN & CO., LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,523
Investment management$32,751
Total administrative$54,274
The Figure Technology Solutions 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Figure Technology Solutions'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 · 20243
PRECEPT ADVISORY GROUP · Investment advisory (plan)$26,955
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,117
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,796

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

Administrative cost history1
2024$54,274 · 0.29%
Similar plansFinance & Insurance · California
S1L, Inc. CA$18.6M · 0.48%
Excite Credit Union CA$18.3M · 0.29%
Sacramento Credit Union CA$18.2M · 0.22%
Safe 1 Credit Union CA$18.1M · 0.20%
Newport Service Corporation CA$17.9M · 0.00%
Acore Capital, LP CA$16.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824227262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.