Plan Ledger DOL Form 5500 · updated monthly

Findlay Management Group401(k)

FINDLAY MANAGEMENT GROUP 401(K) PROFIT SHARING PLAN AND TRUST · HENDERSON, NV · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Findlay Management Group reported $369,981 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $579 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 rose from 0.50% to 0.53%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 44th-largest of 437 plans among Nevada employers on file, and the 461st of 5,215 in retail trade. In 2024, employees put in $7.25 for every $1.00 the employer contributed; active participation has grown from 2,268 to 2,516 since 2022.

Plan summary
Net assets, end of year$77,445,334
Participants with balances2,424
Active participants2,516
Employer contributions$1,456,613
Employee contributions$10,565,968
Employer contribution per active participant$579
Average account balance$31,949
Benefits paid to participants$6,078,117
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.4M · 2,424 accts · $1.5M emplr
2023$62.0M · 1,961 accts · $1.3M emplr
2022$49.0M · 1,461 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$206,800
Investment management$163,181
Total administrative$369,981
The Findlay Management Group 401(k) match · 2024
Employer contribution per active participant$579
Median for plans this size$3,635
2024$579 per active participant
2023$544 per active participant
2022$521 per active participant

Findlay Management Group's 2024 employer contribution ran below the $3,635 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 · 20242
ADP, INC. · Recordkeeping$205,749
ROYAL ALLIANCE ASSOCIATES, INC. · Recordkeeping · Trustee$163,181

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

Recordkeeper by year2
2024ADP, ROYAL ALLIANCE ASSOCIATES, INC.
2023ADP, ROYAL ALLIANCE ASSOCIATES, INC.

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Administrative cost history3
2024$369,981 · 0.53%
2023$276,650 · 0.50%
2022$251,868 · 0.50%
Same employer
Similar plansRetail Trade · Nevada
Dierbergs Markets, Inc. MO$78.1M · 0.35%
Cochran Motors, Inc. PA$77.7M · 0.38%
Weathertech Direct, LLC IL$77.7M · 0.07%
City Furniture FL$77.5M · 0.15%
General Rv Centers, Inc. MI$77.4M · 0.39%
Wall Family Enterprise Inc. WI$77.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880267953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.