Plan Ledger DOL Form 5500 · updated monthly

Firefly Systems Inc401(k)

FIREFLY SYSTEMS 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.21%

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

Firefly Systems Inc reported $2,495 in plan administrative expenses for 2022: 0.21% 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.

Across the 1 year on file its reported administrative ratio rose from 0.21% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,266th of 5,648), and 11,130th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,315,660
Participants with balances157
Active participants73
Employer contributions$0
Employee contributions$547,100
Employer contribution per active participant$0
Average account balance$8,380
Benefits paid to participants$285,108
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 99 accts
2022$1.3M · 157 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$279
Investment management$2,216
Total administrative$2,495
The Firefly Systems Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Firefly Systems Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$2,890 · 0.22%
2022$2,495 · 0.21%
Similar plansProfessional & Technical Services · New York
Flywheel Partners LLC NY$1.5M · 0.12%
Staff Pro, Inc. NY$1.4M · 1.50%
M&C Mobile LLC NY$1.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821305012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.