Plan Ledger DOL Form 5500 · updated monthly

Fingerpaint Marketing, Inc.401(k)

FINGERPAINT MARKETING, INC. 401(K) PLAN · SARATOGA SPRINGS, NY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Fingerpaint Marketing, Inc. reported $214,980 in plan administrative expenses for 2024: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,052 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 0.49% to 0.36%. 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 1,098th-largest of 5,648 plans among New York employers on file, and the 2,141st of 11,654 in professional & technical services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 745 to 828 since 2022.

Plan summary
Net assets, end of year$67,165,067
Participants with balances1,137
Active participants828
Employer contributions$3,355,459
Employee contributions$6,928,305
Employer contribution per active participant$4,052
Average account balance$59,072
Benefits paid to participants$6,171,398
Plan auditUnmodified (clean) audit opinion
AuditorCMJ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$67.2M · 1,137 accts · $3.4M emplr
2023$53.3M · 1,048 accts · $3.1M emplr
2022$33.7M · 863 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,428
Investment management$46,694
Total administrative$214,980
The Fingerpaint Marketing, Inc. 401(k) match · 2024
Employer contribution per active participant$4,052
Median for plans this size$3,635
2024$4,052 per active participant
2023$4,203 per active participant
2022$4,213 per active participant

Fingerpaint Marketing, Inc.'s 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$127,428
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$87,552
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$214,980 · 0.36%
2023$197,856 · 0.45%
2022$154,395 · 0.49%
Same employer
Similar plansProfessional & Technical Services · New York
Kobre & Kim LLP NY$67.8M · 0.00%
Integral Ad Science, Inc. NY$66.7M · 0.20%
Lumsden & McCormick, LLP NY$66.4M · 0.00%
Itn Holdings, LLC NY$66.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261937488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.