What are the fees in the Fire Safety and Protection, LLC 401(k) plan?

For plan year 2022, Fire Safety and Protection, LLC reported $15,412 in plan administrative expenses, or 0.95% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Fire Safety and Protection, LLC 401(k)?

The average participant account balance was $22,958 for plan year 2022, based on 65 accounts.

Fire Safety and Protection, LLC401(k)

Name: Fire Safety and Protection, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

FSP 401(K) PLAN · ATLANTA, GA · plan year 2022

Reported admin expense ratio · 2022

0.95%

Fire Safety and Protection, LLC reported $15,412 in plan administrative expenses for 2022: 0.95% of average plan assets, higher 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,991st of 2,160), and 2,053rd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$1,492,242
Participants with balances65
Active participants163
Employer contributions—
Employee contributions$298,015
Employer contribution per active participant—
Average account balance$22,958
Benefits paid to participants$281,126
Plan auditUnmodified (clean) audit opinion
AuditorMMNT, LLC

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$15,412 · 0.95%

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Why are you looking at this plan?

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 831486423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.