Plan Ledger DOL Form 5500 · updated monthly

First Advantage Corporation401(k)

FIRST ADVANTAGE CORPORATION 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

First Advantage Corporation reported $69,573 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $633 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 0.08% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 315th-largest of 2,160 plans among Georgia employers on file, and the 185th of 2,534 in administrative & support services. In 2024, employees put in $5.89 for every $1.00 the employer contributed; active participation has grown from 1,245 to 1,888 since 2022.

Plan summary
Net assets, end of year$86,929,854
Participants with balances1,290
Active participants1,888
Employer contributions$1,195,485
Employee contributions$7,043,582
Employer contribution per active participant$633
Average account balance$67,387
Benefits paid to participants$9,805,837
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.9M · 1,290 accts · $1.2M emplr
2023$75.6M · 1,352 accts · $1.2M emplr
2022$63.3M · 1,546 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,427
Audit (IQPA)$1,890
Total administrative$69,573
The First Advantage Corporation 401(k) match · 2024
Employer contribution per active participant$633
Median for plans this size$3,635
2024$633 per active participant
2023$1,152 per active participant
2022$1,080 per active participant

First Advantage Corporation'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 · 20247
RAYMOND JAMES AND ASSOCIATES · Investment advisory (plan)$50,366
NFP RETIREMENT INC$44,389
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,427
FIRST ADVANTAGE DBA FASTBALL INT · Accounting / audit$22,000
EMPOWER ADVISORY GROUP, LLC · Investment management$20,194
RAYMOND JAMES AND ASSOCIATES, INC. · Investment advisory (plan)$13,750

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$69,573 · 0.09%
2023$77,401 · 0.11%
2022$52,435 · 0.08%
Same employer
Similar plansAdministrative & Support Services · Georgia
Insight Global, LLC GA$486.9M · 0.17%
Jackson Healthcare, LLC GA$206.1M · 0.43%
Dlh Holdings Corp. GA$156.8M · 0.21%
Teamwork Services, Inc. GA$58.9M · 0.24%
Arrow Exterminators, Inc. GA$56.9M · 0.82%
Lg Chem America GA$56.1M · 0.41%
Catalis Holdco, Inc. GA$50.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274651162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.