What are the fees in the Filo Mortgage, LLC 401(k) plan?

For plan year 2022, Filo Mortgage, LLC reported $1,875 in plan administrative expenses, or 0.20% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Filo Mortgage, LLC 401(k)?

The average participant account balance was $9,953 for plan year 2022, based on 65 accounts.

Filo Mortgage, LLC401(k)

Name: Filo Mortgage, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FILO MORTGAGE 401(K) PLAN · CONSHOHOCKEN, PA · plan year 2022

Reported admin expense ratio · 2022

0.20%

Filo Mortgage, LLC reported $1,875 in plan administrative expenses for 2022: 0.20% of average plan assets, lower than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Pennsylvania (3,552nd of 3,651), and 4,745th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$646,970
Participants with balances65
Active participants61
Employer contributions—
Employee contributions$361,815
Employer contribution per active participant—
Average account balance$9,953
Benefits paid to participants$720,089
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER & HELM LLP

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$1,875

Total administrative$1,875

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$1,875 · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843793381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.